Alsco delivers new application on rocky road to a Hong Kong IPO
Slowing growth, a shaky valuation and high receivables could cloud the latest listing attempt by China’s top provider of reusable packaging materials for the auto sector Key Takeaways: Alsco has…
Qudian: A slow-motion privatization?
The company said it is contemplating winding down its last-mile delivery service after stiff competition caused its revenue to plunge in the first quarter Key Takeaways: Qudian’s revenue fell by…
BRIEF: S.F. Holding reports first-quarter profit, revenue growth
Logistics firm S.F. Holding Co. Ltd. (6936.HK, 002352.SZ) reported on Monday its revenue rose 6.9% year-over-year to 69.8 billion yuan ($957 million) in the first quarter, while its net profit…
BRIEF: China gives nod for Smart Logistics Global’s Nasdaq IPO
Business-to-business logistics company Smart Logistics Global Ltd.’s plan to list in the U.S. was formally registered by China’s securities regulator, paving the way for its Nasdaq IPO. According to the…
BRIEF: J&T Express’ first-quarter parcel volume rises 31.2%
Logistics company J&T Express Global Ltd. (1519.HK) announced on Thursday its parcel volume reached 6.6 billion in the first quarter, up 31.2% year-on-year. The company handled an average of 73.3…
Growing profits, shrinking market share test ZTO’s strategy
The logistics provider’s market share fell as its parcel volume growth trailed the industry last year, signaling its profit-oriented development strategy was facing headwinds Key Takeaways: ZTO’s parcel volume increased…
NEWS WRAP: JD.com completes Dada Nexus takeover with privatization bid
The e-commerce giant has gradually boosted its stake in Dada since the intra-city delivery company’s 2020 IPO, and currently holds 63% of Dada’s shares By Doug Young E-commerce giant…
Recent Articles
BRIEF: S.F. Holding reports first-quarter profit, revenue growth
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Growing profits, shrinking market share test ZTO’s strategy
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