YesAsia shines in intermediary role for Asian fashion and beauty brands going global
The Hong Kong-based beauty e-commerce site that began by serving the Chinese diaspora has become one of the world’s top online sellers of Korean cosmetics and fashion Key Takeaways: YesAsia’s…
World Road faces bumpy path to Nasdaq listing
The cross-border logistics company has quadrupled the size of its IPO in response to new rules seeking to stamp out suspicious new Chinese listings, seeking to raise $33 million Key…
Quantgroup to raise $20.7 million in share placement at 15% discount
E-commerce platform operator Quantgroup Holding Ltd. (2685.HK) said on Wednesday it plans to place up to 48.53 million new shares at HK$3.40 each, representing a 15.32% discount to the previous…
Baozun raises profit target as e-commerce earnings improve, Gap sales accelerate
The company’s core e-commerce profits grew faster than its revenue, while its Gap China unit showed sales momentum and value as a strategic testing ground By Da Cheung Baozun Inc. (BZUN.US;…
Vatai delivers new e-commerce story with focus on cross-border trade
The provider of compliance services for cross-border e-commerce companies has filed to list in Hong Kong, boasting 66% revenue growth in the first half of this year Key Takeaways: Vatai…
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…
