Shein pushes for higher valuation ahead of Hong Kong IPO launch
The $35 billion to $40 billion the online fashion retailer is seeking is relatively modest compared with its global peers By Teri Yu Online fashion and lifestyle company Shein Global…
Be Friends profit up 65% on AI livestreaming boost
Livestreaming e-commerce and new media marketing company Be Friends Holding Ltd. (1450.HK) forecast on Wednesday it would report a net profit of 86 million yuan ($12.7 million) to 93 million…
Zibuyu’s profit grows more than 20% in first half of 2026
Cross-border e-commerce apparel seller Zibuyu Group Ltd. (2420.HK) said on Tuesday its profit rose more than 20% in the first half of 2026, fueled by strong performance for its business…
Youzan revenue rises, but AI spending weighs down profit
Merchant services provider Youzan Technology Ltd. (6051.HK) announced on Monday it expects to report revenue of 765 million yuan ($113 million) to 775 million yuan for the first half of…
Shein passes listing hearing, advancing Hong Kong IPO
The online fashion retailer could launch its listing in the weeks ahead, as it continues its aggressive overseas expansion By Teri Yu Online fashion and lifestyle retailer Shein Global Holdings…
East Buy profit surges on private label sales boom
Livestreaming e-commerce platform East Buy Holding Ltd. (1797.HK) said on Thursday it expects to report its revenue ranged from 5.6 billion ($827 million) to 5.8 billion yuan for its fiscal…
Shein’s Hong Kong IPO cleared by China’s securities regulator
China’s securities regulator has registered the Hong Kong IPO plan from Shein Global Holdings Ltd., clearing a key regulatory hurdle for the fast-fashion company to list. The China Securities Regulatory…
