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…
PODCAST: A Rebel Livestreaming Host, and Gloomy Skies for a Solar Farm Operator
A popular livestreaming host parts ways with e-commerce company East Buy. How will the company move past the crisis? And solar farm operator Xinyi Energy sings the profit blues. Why is China's solar energy market suddenly looking far less bright?
East Buy faces rebuilding after breakup with star livestreamer
The e-commerce company is trying to diversify its livestreaming and product strategies after a drawn-out dispute with star host Dong Yuhui Key Takeaways: East Buy’s shares fell to a two-year…
East Buy counts the cost of candor after share rout
Just months after a corporate battle over its star anchor, the e-commerce platform has landed back in the spotlight after airing issues with its livestreaming business Key Takeaways: East Buy’s…
FAST NEWS: New Oriental boosts East Buy stake for fourth time this year
The Latest: New Oriental (EDU.US; 9901.HK) purchased 1 million shares of its East Buy Holding Ltd. (1797.HK) subsidiary for an average price of HK$17.39 on April 24, according to a new…
FAST NEWS: East Buy’s profit tumbles on higher expenses
The latest: Livestreaming e-commerce platform East Buy Holding Ltd. (1797.HK) on Wednesday reported its net profit for the six months through last November fell by 57.4% year-on-year to 249 million yuan…
PODCAST: A Biotech Buyout, and an Influencer Uprising
By Doug Young & Rene Vanguestaine AstraZeneca has offered to buy money-losing Gracell Biotech for up to $1.2 billion, in a first-of-its kind M&A for a Chinese drug startup. Will…