Fosun moves on from debt crisis with renewed focus on tourism, healthcare
The conglomerate is looking to take Fosun Tourism and Henlius private as its finances improve, helped by asset sales Key Takeaways: In his New Year’s speech, Fosun founder Guo Guangchang…
Weimob gets early Christmas ‘gift’ from WeChat
The provider of services to e-commerce merchants on WeChat is expected to benefit from the platform’s new ‘Send Gifts’ program Key Takeaways: Weimob’s share price doubled in four days last…
Eshallgo looks skyward to cloud gaming to offset sputtering office business
The company announced a move into cloud-based games with Tencent as it struggles with plunging profits from its core office equipment business Key Takeaways: Recently listed Eshallgo has launched a…
Its bitcoin bet behind it, can Meitu find sustained profits in its beauty business?
The beauty software maker has sold all its cryptocurrency holdings and plans to use the profits for business development and a special dividend Key Takeaways: Meitu has sold off the…
Gamehaus courts investors with its China roots, international focus on casual games
The mobile game publisher has registered its New York IPO plan with China’s securities regulator, clearing a key final hurdle for its delayed New York SPAC listing Key Takeaways: Gamehaus…
Boyaa Interactive hitches a ride on bitcoin
In a climate where most companies are suffering from China’s economic slowdown, Boyaa’s crypto bets helped it deliver a glowing report for the first nine months of this year Key…
Yalla holds out 2025 as its ‘Year of the Game’ as growth picks up
The Middle Eastern social media company held two major live events in the third quarter, as it prepares to start testing its new self-developed mid-core games by year-end Key Takeaways:…
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