Wumart-backed Dmall Seeks IPO Boost, But Family Ties Can Also Bind
The provider of cloud services for retailers is looking to raise funds in a Hong Kong IPO after reporting losses totaling 4.23 billion yuan in recent yearsKey Takeaways:Dmall posted a…
At Cusp of a Turnaround, Weimob Finds Bargain in Its Own Beaten-Down Stock
The provider of e-commerce services to small and medium-sized enterprises wins back market favor after a third-quarter business reboundKey Takeaways:Weimob’s SaaS orders rose 30% year-over-year in the third quarter, as…
IT provider Edianyun Seeks IPO Cash, with Finances Under a Cloud
China’s largest provider of integrated business IT solutions, Edianyun, recently re-filed to list on the Hong Kong Stock Exchange, but a ballooning first-half loss of 625 million yuan is a…
Beisen Eyes Hong Kong IPO Again Even As Profit Remains Elusive
The provider of cloud-based human capital management tools has filed for an IPO in Hong Kong again after making no progress with its earlier plan to go public in the…
With Fast Growth but Bumpy Profits, Xuan Wu Cloud Poised for IPO Lift-off
The intelligent CRM services provider expanded on the back of China’s retail revolution and has now passed its IPO hearing with the Hong Kong Stock Exchange Key Takeaways: Xuan Wu…
FAST NEWS: Kingdee Trims Losses, But R&D Costs Remain High
The latest: Kingdee International Software Group Co. Ltd. (0268.HK) announced Wednesday evening that it recorded a net loss of 302 million yuan ($47.5 million) last year, 9.9% narrower than its…
Ming Yuan Cloud Shadowed by Slumping Real Estate Market
Company’s adjusted profit fell up to 27% last year, hurt by a weak real estate market and challenges to its traditional ERP business (more…)
