Vipshop’s revenue drops in ‘challenging consumer environment’
Discount e-commerce site operator Vipshop Holdings Ltd. (VIPS.US) reported on Tuesday its major operating metrics all fell in the second quarter, as it navigated a “challenging consumer environment.” The company’s…
PDD’s profit falls as it faces ‘significant challenges’ globally
E-commerce company PDD Holdings Inc. (PDD.US) on Monday reported its revenue rose in the second quarter, but its profit fell, as it described “significant challenges” created by rapid changes in…
JD.com slows its bleeding, but investors want growth
The e-commerce giant has reduced the pain from its entry to food delivery, but weak retail sales and crowded new battlefields show its next growth engine remains elusive Key Takeaways:…
Be Friends profit up 65% on AI livestreaming boost
Livestreaming e-commerce and new media marketing company Be Friends Holding Ltd. (1450.HK) forecast on Wednesday it would report a net profit of 86 million yuan ($12.7 million) to 93 million…
Zibuyu’s profit grows more than 20% in first half of 2026
Cross-border e-commerce apparel seller Zibuyu Group Ltd. (2420.HK) said on Tuesday its profit rose more than 20% in the first half of 2026, fueled by strong performance for its business…
Shein passes listing hearing, advancing Hong Kong IPO
The online fashion retailer could launch its listing in the weeks ahead, as it continues its aggressive overseas expansion By Teri Yu Online fashion and lifestyle retailer Shein Global Holdings…
East Buy profit surges on private label sales boom
Livestreaming e-commerce platform East Buy Holding Ltd. (1797.HK) said on Thursday it expects to report its revenue ranged from 5.6 billion ($827 million) to 5.8 billion yuan for its fiscal…