BRIEF: Yatsen’s revenue rises 37% as color cosmetics return to growth
Cosmetics retailer Yatsen Holding Ltd. (YSG.US) said on Thursday its revenue rose 36.8% in the second quarter year-on-year to 1.09 billion yuan ($152 million), as a return to growth for…
From Delhi risks to a domestic dairy bust
Some Chinese companies are navigating geopolitical headwinds that are pushing them out of India, and others are adapting to a maturing domestic consumer market where even staples like infant formula…
Blue Moon shines on livestreaming, consumer staple status
China’s leading laundry detergent maker said its sales rose 38% in the first half of the year, though its net loss also widened as it spent heavily on e-commerce promotions…
Qudian: A $1.4 billion cash cow
The company officially left the fintech realm in the first quarter by posting no revenue from its original online financing business for the first time Key Takeaways: Qudian’s revenue plunged…
PODCAST: GDP growth bounces back, and Hong Kong welcomes ‘specialist tech companies’
China’s GDP grew 4.5% in the first quarter, rebounding from 2.9% growth the previous quarter. And Hong Kong rolls out the welcome mat for tech startups with the launch of new rules allowing money-losing high-growth companies to list on the stock exchange’s main board.
Could ‘Double 11’ Festival Players Post Their First-Ever Sales Declines?
A combination of macro headwinds and cutthroat competition could make it difficult to achieve another year of substantial growth By Chan Ka Po Now in its 14th year, the Nov.…
China’s Economic Slump Leaves Internet Lenders Battling Bad Loans
360 DigiTech, FinVolution and Lexin all reported first-quarter net profit declines and growing delinquent loans, amid a grim outlook for China’s economy Key takeaways: • 360 DigiTech and FinVolution posted…
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