FAST NEWS: Waterdrop profit plunges on crowdfunding platform’s losses
The latest: Online insurer Waterdrop Inc. (WDH.US) on Thursday announced its profit plunged 78.6% to 33.6 million yuan ($4.68 million) in the third quarter, though the result still represented its seventh consecutive quarterly…
FAST NEWS: Waterdrop Flows to Profit After Cost-Control Measures
The latest: Online insurer Waterdrop Inc. (WDH.US) successfully turned a loss into a profit in the first quarter of the year, with a net profit of 105 million yuan ($15.6 million) from a…
Fanhua to Leave Wall Street. Next Stop, Hong Kong?
Fanhua has announced a plan to delist from New York, with founder Hu Yinan retaking the company’s helm Key takeaways: Online insurance broker announces plan to privatize as China gets…
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