BRIEF: DMall prepares to apply for stablecoin license, stock soars
Retail software services provider DMall Inc. (2586.HK) announced on Thursday that it is preparing to apply for a Hong Kong stablecoin license, and has already purchased bitcoin in the public…
BRIEF: Despite post-IPO plunge, Dmall gets included in the Hang Seng Composite
Dmall Inc. (2586.HK), a provider of software-as-a-service (SaaS) solutions to retailers, said on Monday it has been selected as a new constituent of Hong Kong’s benchmark Hang Seng Composite Index,…
BRIEF: Dmall shares plunge in Hong Kong trading debut
Shares of Dmall Inc. (2586.HK) lost more than half their value on their first trading day, as the provider of software services for retailers raised HK$624 million ($80 million) in…
Dmall shops for investors, even as business remains mostly a family affair
The provider of SaaS products for retailers has filed for a Hong Kong IPO, sporting a customer list mostly comprised of companies affiliated with its parent, Wumei Key Takeaways: In…
Retail slowdown takes wind out of Dmall’s advancing IPO
The provider of cloud-based services for traditional and e-commerce retailers posted revenue growth of just 1.6% in the first quarter Key Takeaways: Dmall’s revenue growth slowed sharply in the first…
Wumart-backed Dmall Seeks IPO Boost, But Family Ties Can Also Bind
The provider of cloud services for retailers is looking to raise funds in a Hong Kong IPO after reporting losses totaling 4.23 billion yuan in recent yearsKey Takeaways:Dmall posted a…
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