Fear of missing out fuels Chinese instant commerce bids, as reality bites Hong Kong AI stock bubble
"There's no way that this acquisition could help them rebuild their image strongly enough that they could eventually do a listing in the U.S." (speaking on why some Hong Kong-listed…
Who needs Dingdong? Alibaba answers Meituan with super-sized Pupu bid
Alibaba is reportedly offering $1.5 billion for regional online grocer Pupu, more than double the $600 million offered by a previous bidder Key Takeaways: Alibaba is reportedly bidding $1.5 billion…
BRIEF: HC Group to delist Beijing Panpass unit from NEEQ
B2B e-commerce platform operator HC Group Inc. (2280.HK) said last Friday that its Beijing Panpass subsidiary will apply to delist from the thinly traded NEEQ exchange in Beijing and will…
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…
