Meituan drives to Brazil in search of growth, only to crash into Chinese rival DiDi
The two Chinese internet giants have sued each other in South America’s largest nation over unfair competition related to their food delivery businesses Key Takeaways: Meituan and DiDi filed lawsuits…
Work in progress: East Buy reinvents itself – again
The former educator-turned-livestreaming e-commerce company is trying to become an online version of discount specialist Sam’s Club with its own private label business Key Takeaways: East Buy returned to profitability…
Is GigaCloud the latest ‘China Easter Egg’ on Wall Street?
The B2B e-commerce site’s stock jumped 30% after the release of its latest earnings report, which was filled with signs of turbulence from the U.S.-China trade war Key Takeaways: GigaCloud…
Autohome deflated by plunging ad sales, car price wars
The car-trading services provider reported a fourth consecutive quarter of revenue decline in the second quarter, as its gross margin plunged more than 10 percentage points Key Takeaways: Autohome’s revenue…
Yimutian cultivates investors for China’s new agricultural revolution
The agricultural B2B marketplace operator has filed for a Nasdaq IPO, reporting its revenue declined last year as it engages in aggressive cost-cutting Key Takeaways: Yimutian has filed for a…
Yangtuo bets on small-town moms despite declining birth rates
The infant products e-commerce platform has filed for a Hong Kong IPO, hoping investors will buy into its transformation story after its revenue flatlined last year Key Takeaways: Yangtuo’s infant…
Alibaba turns up its ‘instant retail’ game
The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant’s three-way “on-demand retail wars” with Meituan and JD.com Key Takeaways: Alibaba…
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