Luckin Coffee eyes global leap as China’s Double 11 loses its luster
Luckin could be preparing a bid for Costa Coffee. What's driving this potential deal, and what are its chances for success? And this year's Double 11 festival looks like a dud, with most big e-commerce companies failing to publish any big numbers. What does the future hold for this fast-fading shopping fest?
NEWS WRAP: J&T Express sets ‘Double 11’ shipment milestone as share buyback launches
The logistics company handled more than 100 million parcels on a single day at the height of a shopping festival likened to Black Friday in the West By Teri…
CHINA BULLETIN: Property Keeps Slumping
In this week’s issue local governments suffer from Covid payment burnout, China callers turn off 5G and Tencent dumps Meituan. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.
No Happiness in ‘Double 11’ Shopping Fest for Depressed Alibaba
The e-commerce giant may record its first-ever sales decline in this year’s ‘Double 11’ online shopping extravaganza as its shares sink to their 2014 IPO level Key Takeaways:Alibaba's merchandise sales…
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.…
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