BRIEF: JD.com revives talks to acquire German retailer Ceconomy
E-commerce giant JD.com (JD.US; 9618.HK) is in renewed talks to acquire Ceconomy AG (CEC.DE), Bloomberg reported on Wednesday, saying that JD recently approached the German electronics retailer and discussions are…
East Buy ends superstar influencer addiction – but at a big price
The livestreaming e-commerce company’s revenue declined and it fell into the red in the first half of its fiscal year after the departure of its key online salesman Dong Yuhui…
Shein loses its shine on bumpy path to London listing
The fast fashion giant’s lack of transparency about its cotton sourcing could hurt its valuation in the long and turbulent journey to its IPO Key Takeaways: Shein’s reported plan to…
Weimob gets early Christmas ‘gift’ from WeChat
The provider of services to e-commerce merchants on WeChat is expected to benefit from the platform’s new ‘Send Gifts’ program Key Takeaways: Weimob’s share price doubled in four days last…
Alibaba’s breakup in tatters, could 2025 be the year of asset shedding?
Nearly two years after the company announced a major breakup into its six major business units, most of that plan has been undone by CEO Eddie Wu and Chairman Joe…
BRIEF: Baozun’s loss narrows in the third quarter
E-commerce services provider Baozun Inc. (9991.HK; BZUN.US) said on Thursday that its revenue in the third quarter rose 12.8% year-on-year to 2.06 billion yuan ($284 million), while its loss narrowed…
BRIEF: Alibaba’s quarterly revenue rises 5% on improving e-commerce monetization
E-commerce giant Alibaba Group Holding Ltd. (BABA.US; 9988.HK) reported on Friday its revenue rose 5% year-on-year to 236.5 billion yuan ($33.7 billion) in the three months to September, its second…