FAST NEWS: Baozun shares tumble as quarterly revenue declines
The latest: E-commerce software as a service (SaaS) provider Baozun Inc. (BZUN.US; 9991.HK) said its revenue fell 19.5% year-on-year in last year’s fourth quarter to 2.55 billion yuan ($370 million), while its…
BZUN.US
9991.HK
JD.com backs its merchants with $1.5 billion. But investors aren’t buying it
China’s No. 2 e-commerce company launched a 10 billion yuan subsidy plan for its merchants, as it eyes improving consumer sentiment in the second half of this year Key Takeaways:…
9618.HK
JD.US
FAST NEWS: Yeahka’s In-store E-Commerce Services Business Soars
The latest: Mobile payment services provider Yeahka Ltd. (9923.HK) said on Monday its gross payment volume (GPV) rose more than 5% last year to over 2.2 trillion yuan ($324 billion),…
FAST NEWS: Dada’s Revenue Soars, But High Costs Lead to More Losses
The latest: Local on-demand delivery and retail platform Dada Nexus Ltd. (DADA.US) reported its revenue rose 41.1% to 2.38 billion yuan ($332 million) in the third quarter, while its gross…
FAST NEWS: Miniso’s Shares Surge on Big Overseas Revenue Gains
The latest: Retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) announced on Thursday its revenue dropped 6% to 2.32 billion yuan ($350 million) in the three months to June, but its net…
FAST NEWS: Baozun’s Profit Plunges as Alibaba Reliance Eases
The latest: E-commerce software as a service (SaaS) provider Baozun Inc. (BZUN.US; 9991.HK) said its revenue fell 1.8% year-on-year in the first quarter to 1.98 billion yuan ($294 million), while its…
