In tight times, Vipshop wows investors with dividend policy
The discount e-commerce company, which has been consistently profitable since 2013, said it will return $250 million to investors through a dividend this year Key Takeaways: Vipshop said it will…
Alibaba International records solid growth led by AliExpress
The international e-commerce arm of Alibaba Group posted 44% revenue growth in its latest quarter, led by major contributions from its AliExpress B2C global marketplace Key Takeaways Alibaba International recorded…
Weimob shops breakup plan, but investors aren’t buying it
The e-commerce services provider said it is exploring a spinoff for its marketing services arm, with plans to list it separately on China’s A-share market Key Takeaways: Weimob shares fell…
East Buy drama offers lesson on the power of key influencers
The clash between the e-commerce company’s CEO and its top livestreaming host touched off a roller coaster ride for its shares Key Takeaways: East Buy fired its longtime chief Sun…
China has a new e-commerce top dog as global gains lift PDD past Alibaba
The company formerly known as Pinduoduo passed Alibaba in terms of market value after reporting strong third-quarter growth fueled by its international Temu platform Key Takeaways: PDD’s Temu international platform…
Alibaba International revenues jump, losses narrow on growing synergies
Alibaba Group’s international unit continued to post improving performance in its latest quarter ahead of a planned fundraising Key Takeaways: Alibaba International’s revenue jumped and its EBITA loss narrowed in…
Ant Group’s WorldFirst boosts its Southeast Asia footprint
The global payments company will start offering its cross-border e-commerce payments services in Vietnam, Thailand, the Philippines and Malaysia over the next year Key Takeaways: WorldFirst will expand its cross-border…