Vipshop looks to outlets in bid to jumpstart growth
The discount e-commerce company has been approved to spin off two of its brick-and-mortar outlet stores into a REIT, with another 18 similar projects Key Takeaways: Vipshop reported its revenue…
The end of free AI: Agents drive a new cost reality
AI’s cost structure is changing as it shifts from a tool to an autonomous executor, with both businesses and other users increasingly paying for services By Lee Shih Ta…
ByteDance’s $600 billion question: What are investors really buying?
The company’s latest valuation suggests it is being priced like a sprawling platform built on Douyin’s domestic cash flow, TikTok’s global reach and an aggressive AI push Key Takeaways ByteDance’s…
CATL poised to boost lead over rivals in global battery race
The maiden annual earnings report from the world’s top EV battery maker since its Hong Kong IPO last year showed its profit significantly beat investor expectations Key Takeaways: CATL reported…
BRIEF: JD.com takes 15% of China’s takeout dining market a year after entering
JD.com Inc. (JD.US; 9618.HK) received over 240 million orders in the first year after launching its takeout dining service, giving it more than 15% of the market, Caijing Tuya reported…
On again, off again. Flickering film market dogs Maoyan
The film producer and movie ticketing company staged a comeback in the second half of last year after suffering a profit slump in the first half Key Takeaways: Maoyan Entertainment…
Instant commerce war delivers massive loss to Meituan
China’s leading online-to-offline services company said it expects to report a loss of up to 24.3 billion yuan for 2025, translating to a fourth-quarter loss of about 15.7 billion yuan…
