GoFintech returns to the black, but sacrifices margins for big revenue jump
The provider of stock brokerage and other financial services’ revenue surged more than 40-fold in the first half of its fiscal year, but its gross profit margin plummeted Key Takeaways:…
Secoo’s Contraction Slows as It Cleans Up Financial House
Online luxury goods seller was one of the biggest corporate victims of China’s Covid restrictions over the last three yearsKey Takeaways:Secoo’s revenue fell 24% in the first half of 2022,…
Scienjoy’s Bets on Metaverse and NFTs Fail to Impress Investors
The livestreaming platforms operator is investing heavily in products linked to the metaverse and non-fungible tokens amid challenges for its main business Key Takeaways: ● Scienjoy reported 27% first-quarter revenue…
Animoca Mines NFTs, Metaverse to Boost Valuation to $5.4 Billion. Next Stop, New York?
Digital property manager raises $360 million in its latest funding round, more than doubling its value from previous round in October Key Takeaways: Animoca Brands has raised $360 million in…
