BingEx delivers profitable IPO option for U.S. investors
The intracity courier’s $100 million listing could be the largest by a Chinese company in New York since Zeekr listed in May Key Takeaways: With $388 million in mezzanine financing…
GigaCloud’s business shines, but investors still rain on its parade
The B2B e-commerce company unveiled a $46 million share repurchase program in its latest move to revive its flagging share price Key Takeaways: GigaCloud’s revenue doubled in the second quarter…
JD.com eyes tricky consumer finance business with pending acquisition
The e-commerce giant is reportedly close to buying Home Credit, but owing such a consumer finance company could create some headaches in the current business climate Key Takeaways: JD.com is…
Jihong schmoozes IPO investors with cross-border social e-commerce story
The Shenzhen-listed company has filed for a second listing in Hong Kong, even as it reports significant declines in both its revenue and profits Key Takeaways: Jihong Technology's revenue fell…
Resurging Walmart, shaky JD.com go their separate ways in China
The U.S. retailing giant sold its stake in the Chinese e-commerce major to focus on its own China operations, ending an eight-year marriage Key Takeaways: Walmart has sold its stake…
Alibaba International records strong growth, Lazada milestone
CEO Jiang Fan said Alibaba’s global e-commerce unit is focused on business and supply chain upgrades, technology innovations and growth in key markets Key Takeaways: Alibaba Group’s international e-commerce arm…
East Buy faces rebuilding after breakup with star livestreamer
The e-commerce company is trying to diversify its livestreaming and product strategies after a drawn-out dispute with star host Dong Yuhui Key Takeaways: East Buy’s shares fell to a two-year…
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