LightInTheBox outpaces e-commerce rivals on low-end product focus, geographic diversity
The operator of online sites specializing in cheap apparel posted record quarterly revenue growth in the second quarter, though it lost money due to heavy spending on marketing Key Takeaways:…
LITB.US
Baozun overhauls Gap stores, goes global with new Hunter deal
The e-commerce company and Authentic Brands Group will form a joint venture to sell Hunter- branded products, best known for their Wellington boots, in Greater China and Southeast Asia Key…
BZUN.US
9991.HK
Strong quarterly results belie pressure on JD’s big-ticket sales
The e-commerce giant’s results beat expectations, but its home appliance and consumer electronics sales are under pressure due to lower durable goods demand Analyst team at Futu E-commerce giant…
JD.US
9618.HK
Vipshop’s strong results overshadowed by troubling outlook
The online discount retailer’s second-quarter results beat analyst expectations, but its third-quarter forecast was far gloomier as the Chinese economy sputters Key Takeaways: Vipshop’s revenue increased 13.6% in the second…
VIPS.US
Alibaba International posts strong revenue growth, narrowing losses
The international commerce unit of e-commerce giant Alibaba posted strong top-line growth as it prepares for potential fundraising Key Takeaways: Alibaba International’s revenue grew 41% in the June quarter, following…
BABA.US
9988.HK
FAST NEWS: E-commerce trader Zubuyu’s profit plunges on higher expenses
The latest: Cross-border e-commerce trader Zibuyu Group Ltd. (2420.HK) said Tuesday it expects to report a net profit of 9.2 million yuan ($1.29 million) to 12.3 million yuan for the first half of 2023,…
2420.HK
Missfresh looks for fresh start with dubious digital marketing bet
The Chinese online grocery pioneer hopes to make a comeback from its near-collapse last year after acquiring a digital marketing business Key Takeaways: Missfresh is set to raise $27 million…
MF.US
