BRIEF: Synagistics forms AI partnership with ByteDance
E-commerce company Synagistics Ltd. (2562.HK) said on Tuesday it will use AI infrastructure supplied by Chinese internet giant ByteDance to create tools to help its merchants boost their productivity. The…
INDUSTRY BRIEF: Temu and Shein slash U.S. ad spending, warn of price hikes
Chinese-linked e-commerce operators Shein and Temu are slashing their U.S. advertising spending and warning customers of imminent price hikes as the U.S. gets set to start collecting import tariffs on…
BRIEF: Meituan launches $13.7 billion subsidy to support merchants, consumers
Meituan (3690.HK) has pledged to invest 100 billion yuan ($13.7 billion) in the restaurant industry over the next three years, focusing on consumer subsidies, merchant support, incentives for high-quality restaurant…
BRIEF: Shein London IPO approved by British financial regulator
Britian’s financial regulator has approved a London Stock Exchange listing by Shein, bringing the online fast fashion retailer one step closer to its long-awaited goal of becoming a publicly listed…
BRIEF: J&T Express’ first-quarter parcel volume rises 31.2%
Logistics company J&T Express Global Ltd. (1519.HK) announced on Thursday its parcel volume reached 6.6 billion in the first quarter, up 31.2% year-on-year. The company handled an average of 73.3…
BRIEF: Synagistics to acquire Chinese AI firm for $30 million
Southeast Asian e-commerce company Synagistics Ltd. (2562.HK) announced on Monday it has entered into a subscription option deed to acquire Chinese AI firm Movitech Co. for $30 million. Under the…
NEWS WRAP: Lianlian DigiTech’s revenue surges on payment network expansion
The digital payment service provider’s revenue rose 28% last year as its global payment network and customer base continue to expand By Teri Yu Lianlian DigiTech Co. Ltd. (2598.HK)…
Recent Articles
BRIEF: Ant Group eyes Hong Kong listing for overseas unit
9988.HK
BABA.US
BRIEF: Midea buys back 550 million yuan of A-shares in April
0300.HK
000333.SHE
RECENT ARTICLES
-
JD Logistics buys out partner in its race to time-sensitive deliveries
2618.HK -
NEWS WRAP: JD Logistics profit nearly triples on technology upgrades
2618.HK
-
Alibaba’s breakup in tatters, could 2025 be the year of asset shedding?
9988.HK BABA.US
-
Growing profits, shrinking market share test ZTO’s strategy
2507.HK ZTO.US
-
BRIEF: Bilibili swings to first adjusted profit on strong business and user growth
BILI.US 9626.HK
-
Baozun returns to the black as Gap expansion accelerates
9991.HK BZUN.US
-
BRIEF: China Gold International swings to profit in third quarter
2099.HK
