BRIEF: Dada’s margins improve as user base grows
Dada Nexus Ltd. (DADA.US), a logistics company owned by JD.com (JD.US; 9618.HK), on Wednesday reported its revenue fell 7.3% year-on-year to 2.43 billion yuan ($340 million) in the third quarter…
PODCAST: China Talks with EU on EV Tariffs, and Indonesia Eyes Temu Ban
China and the EU are trying to reach a deal to avoid EU tariffs on Chinese EVs. And Indonesia asks Apple and Google to evict China's popular Temu e-commerce app.
PODCAST: Foreign Investor Flight, and Coffee Is King
By Doug Young & Rene Vanguestaine Foreigners are putting a pause on their China investments, as a new AmCham survey shows a record 40% of respondents won't make any new…
WeChat Software Star Weimob Hit by More Loses, Big-Tech Scrutiny
Software as a service (SaaS) specialist’s latest results show it’s still suffering from a pandemic hit, as investors also worry about regulatory crackdown on WeChat parent Tencent Key Takeaways: Weimob’s…
JD’s Dada Puts More Stock in Grocery Basket
Company’s JDDJ e-commerce delivery service grows at twice the rate of its Dada Now general delivery service in fourth quarter By Doug Young E-commerce giant JD.com (Nasdaq: JD) has no…
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