Jingdong Industrials jumps on Hong Kong IPO bandwagon
The B2B marketplace unit of JD.com has filed a second time to list, hoping to entice investors with its strong growth amid a surging Hong Kong stock market Key Takeaways:…
GigaCloud’s business shines, but investors still rain on its parade
The B2B e-commerce company unveiled a $46 million share repurchase program in its latest move to revive its flagging share price Key Takeaways: GigaCloud’s revenue doubled in the second quarter…
FAST NEWS: 111 Inc’s Revenue Flattens on Covid Disruptions
The Latest: Online drug seller 111 Inc. (YI.US) on Thursday reported third-quarter revenue of 3.35 billion yuan ($470.8 million), roughly the same as a year earlier. Its net loss for…
GigaCloud Joins Wall Street Parade of China Meme Stocks
B2B e-commerce company’s shares quadrupled on their first trading day, even as its profits and margins are falling Key Takeaways: GigaCloud’s shares quadrupled in their New York trading debut, as…