NEWS WRAP: JD Logistics revenue, profit accelerate on China market momentum
The company’s integrated supply chain solutions business recorded strong growth in the first half of 2025, while continued efficiency improvements lifted its profitability By Teri Yu JD Logistics Inc.…
BRIEF: Qudian revenue plunges as it exits last-mile delivery business
Qudian Inc. (QD.US) on Wednesday said its revenue tumbled more than 90% to 3.5 million yuan ($487,000) in the second quarter from 53.3 million yuan a year earlier, as the…
Qudian: A slow-motion privatization?
The company said it is contemplating winding down its last-mile delivery service after stiff competition caused its revenue to plunge in the first quarter Key Takeaways: Qudian’s revenue fell by…
Quhuo’s transformation story hits headwinds as new initiatives stumble
The company is moving away from its original business of providing takeout dining drivers, but revenue for most of its major new initiatives contracted in the second half of 2024…
NEWS WRAP: Lalatech targets new markets as global contribution grows
The intra-city logistics company said it plans to further expand to the Middle East this year, as its international business becomes a major growth driver By Doug Young Logistics…
BRIEF: Dada Nexus agrees to be privatized by JD.com
Intra-city delivery company Dada Nexus Ltd. (DADA.US) said on Tuesday it signed a definitive agreement to be privatized by majority stakeholder JD.com (JD.US; 9618.HK) at a price of $2 per…
China’s Takeout Delivery Market Gets a Shakeup
China's takeout dining duopoly of Ele.me and Meituan will start offering social benefits for their more than one million of riders. What's driving this change of heart and what will it mean for the market? And JD.com has announced its entering the fray, aiming to take on this established duopoly. What are its chances of success, and what does this mean for the industry?
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