FAST NEWS: Baozun posts positive cash flow, but operating loss widens
The latest: Baozun Inc. (BZ.US; 9991.HK) on Wednesday announced it recorded a net loss of 126 million yuan ($17.8 million) in the third quarter, narrowing 25.4% from a 169 million…
BZ.US
9991.HK
FAST NEWS: JPMorgan cuts its Weimob holdings
The latest: U.S. banking giant JPMorgan disclosed it sold 3.94 million shares of e-commerce services provider Weimob Inc. (2013.HK) on Nov. 1, lower its stake from 6.01% to 5.87%, according to a…
2013.HK
FAST NEWS: Alibaba’s Cainiao logistics unit applies for separate listing
The latest: E-commerce giant Alibaba Group Holding Ltd. (BABA.US, 9988.HK) said Tuesday its logistics arm, Cainiao Smart Logistics Network Ltd., filed to list separately on the Hong Kong Stock Exchange, making it the…
BABA.US
9988.HK
NEWS WRAP: Short seller attacks PDD’s global Temu shopping app for security risk
Grizzly Research said the popular bargain e-commerce app has hidden malicious functions, sparking a selloff in PDD’s shares By Teri Yu Short seller Grizzly Research on Thursday accused discount…
PDD.US
FAST NEWS: Yeahka’s operating profits soar on post-Covid rebound
The latest: Mobile payment services provider Yeahka Ltd. (9923.HK) announced on Thursday its net profit for the first half of the year fell 55.8% year-on-year to 33.16 million yuan ($4.55 million). But…
9923.HK
FAST NEWS: E-commerce trader Zubuyu’s profit plunges on higher expenses
The latest: Cross-border e-commerce trader Zibuyu Group Ltd. (2420.HK) said Tuesday it expects to report a net profit of 9.2 million yuan ($1.29 million) to 12.3 million yuan for the first half of 2023,…
2420.HK
FAST NEWS: Tongdao Liepin swings to the red on weak recruiting demand
The latest: Online recruitment platform Tongdao Liepin Group (6100.HK) said Tuesday it recorded a net loss of up to 49 million yuan ($7.1 million) in the first quarter, reversing a…
6100.HK
