Softcare profit jumps on sales growth, rising prices
Baby products maker Softcare Ltd. (2698.HK) on Tuesday said its revenue totaled $328 million or more in the first half of 2026, up at least 28% year-over-year. Its profit for…
Shifting tides for Chinese brands: Transsion stumbles outside Africa and Cafe de Coral turns around
"As Africa develops, the way consumers look at life is very likely aligning more with the way consumers in more developed parts of the world look at life" – on…
Transsion rebounds, as its ‘Out of Africa’ story stumbles
The budget smartphone maker has renewed its application for a Hong Kong IPO, reporting revenue for its core Africa market rose last year, as all of its other markets fell…
BRIEF: Softcare controlling shareholder boosts stake
Leading African diaper seller Softcare Ltd. (2698.HK) said on Tuesday that Yang Yanjuan, a non-executive director and wife of the company’s founder, acquired just over 1 million of the company’s shares in…
Stumbling Transsion calls on Hong Kong investors. But will they answer?
The budget cellphone specialist has filed for a Hong Kong IPO, even as its revenue began to fall in the second half of last year Key Takeaways Transssion has filed…
BRIEF: African diaper king Softcare to raise up to $300 million in IPO
Leading African diaper seller Softcare Ltd. (2698.HK) launched its Hong Kong IPO on Friday, aiming to sell 90.88 million shares for HK$24.20 to HK$26.20 apiece to raise up to HK$2.38…
Apple’s China puzzle and an African phone pioneer’s peril
Apple returns to revenue growth in China, as it also closes its first store in the city of Dalian. What's next for the company in the world's largest smartphone market? And Transsion considers a Hong Kong IPO. Should investors buy into this biggest smartphone maker you've never heard of, banking on its status as Africa's top cellphone brand?
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