SPONSORED: Tongcheng Travel to capture China’s travel comeback
The online travel agent expanded its business through organic growth and acquisitions to equip itself for a travel rebound Key Takeaways: Tongcheng Travel made a series of investments during the…
0780.HK
ATRenew steps on efficiency pedal in drive to sustainable profits
The recycling specialist reported a second consecutive quarter of profitability on an adjusted basis in the fourth quarter, and could turn profitable on that basis for the full year in…
RERE.US
Niu zapped by ‘perfect storm’ of factors in fourth quarter
Lockdowns in China clobbered the leading electric scooter maker, which also suffered overseas as shared scooter services put the brakes on new purchases Key Takeaways: Niu Technologies recorded its third…
NIU.US
Xiabuxiabu serves up bold expansion plan for post-Covid comeback
The Taiwanese-style hotpot chain was still mired in losses last year, but its revenues are picking up as China’s economy recovers Key Takeaways: Xiabuxiabu has projected falling revenue and a…
0520.HK
After rolling out its new business model, Cango shifts into new phase
The company launched its U-Car used car trading app at the start of this year, representing the last major piece in its transformation from auto financier to car trader Key…
CANG.US
Yatsen sees more color, profits ahead with end of China Covid controls
The makeup company’s color cosmetics business took a big hit in last year’s fourth quarter as consumer sentiment sagged during some of China’s strictest Covid controls Key Takeaways: Yatsen’s color…
YSG.US
RLX gets smoked in fourth quarter, but sees clearer air ahead
The leading Chinese vaping company’s revenue plunged 82% in the last year’s final quarter, as it took a double blow from new regulations and widespread Covid disruptions Key Takeaways: RLX’s…
RLX.US
