ATRenew revenue growth accelerates as it notches record profit
The company recorded its fastest revenue growth in nearly three years in the first quarter, as it stepped up a campaign to sell more of its recycled products directly to…
BRIEF: JD.com explores bid for Britain’s The Very Group
E-commerce giant JD.com Inc. (JD.US; 9618.HK) is exploring a bid to acquire British peer The Very Group for about 2 billion pounds ($2.7 billion) from private equity giant Carlyle, its…
BRIEF: Huaqin posts solid first-quarter growth as diversification accelerates
Electronics manufacturer Huaqin Co. Ltd. (3296.HK; 603296.SH) reported double-digit first-quarter growth on Thursday, in its first financial results since its Hong Kong listing last week. The company said its revenue…
A new chapter begins: Chinese players take center stage in MLCC arena
Booming AI demand is driving a structural shift in the multi-layer ceramic capacitor industry, with Chinese manufacturers moving upmarket to challenge the global supply chain By CLS Marketwatch Multi-layer…
Transforming Qian Xun adds polish to new business with crypto cachet
The advertising services company is allowing users to settle payments for its newer business in used gadget trading using stablecoins Key Takeaways: Qian Xun has unveiled PayKet, allowing users to…
BRIEF: Skyworth Digital profit tumbles 64% in first three quarters
Electronics manufacturer Skyworth Group Ltd. (0751.HK) announced on Sunday that its non-wholly-owned Skyworth Digital Co. Ltd. (000810.SZ) subsidiary recorded revenue of 6.46 billion yuan ($906 million) in the first three…
ATRenew ups ESG commitment with ambitious carbon-reduction goals
The company boosted sales of pre-owned products last year, leading to a 26% increase in its annual revenue Key Takeaways: ATRenew handled sales of more than 35.3 million pre-owned smartphones…
