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Ecommerce

Short sellers raise red flag over ZTO accounts, but its shares still rally

The U.S. short seller Grizzly Research has cast doubt on the high gross margins at ZTO Express, suspecting the firm’s books may have been cooked, but shares in the logistics…
March 17, 2023
2057.HK ZTO.US

JD.com backs its merchants with $1.5 billion. But investors aren’t buying it

China’s No. 2 e-commerce company launched a 10 billion yuan subsidy plan for its merchants, as it eyes improving consumer sentiment in the second half of this year Key Takeaways:…
March 16, 2023
9618.HK JD.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…
March 14, 2023
YSG.US

Kingsware finds new funds – and profits – in automating mundane business processes

The company, whose AI-based products help to automate functions like accounting and customer support, raised a fresh 500 million yuan in its latest funding Key Takeaways: Robotic process automation (RPA)…
March 10, 2023

E-Commerce Troubles Cast Shadow over Quantgroup IPO Plans

The fintech behind the “Yangxiaomie” e-commerce platform has filed again for a Hong Kong listing, spurred by hopes of a consumer-led economic rebound Key Takeaways: Profits at Quantgroup Technology have…
March 1, 2023

Alibaba’s Pakistani Stumble Highlights Bumpy Road for China E-Commerce Abroad

The e-commerce giant’s Daraz unit said it will cut 11% of its workforce, weeks after Alibaba rival JD.com said it would shutter its Southeast Asian e-commerce operationKey Takeaways:Pakistani e-commerce site…
February 17, 2023

Ready for a Food Fight? Takeout Leader Meituan Faces Video Challenge

China’s food delivery business could be taking a dramatic turn as TikTok parent ByteDance pilots a food delivery service over its Douyin video appKey Takeaways:Douyin’s service allows merchants to attract…
February 17, 2023
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Recent Articles

Li Qiang in press conference
March 22, 2023

PODCAST: New premier vows private sector support, and foreigners return to China

March 22, 2023

FAST NEWS: So-Young swings to profit, retains cautious outlook

SY.US
March 22, 2023

The plot thickens: Easou eyes ChatGPT tech to write e-books

March 22, 2023

SPONSORED: Tongcheng Travel to capture China’s travel comeback

0780.HK
March 22, 2023

ATRenew steps on efficiency pedal in drive to sustainable profits

RERE.US
March 21, 2023

FAST NEWS: Hongjiu Fruit’s profit surges despite Covid disruptions

6689.HK
March 21, 2023

Niu zapped by ‘perfect storm’ of factors in fourth quarter

NIU.US

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