FAST NEWS: Xuan Wu Cloud’s loss widens on stiff competition
The latest: Customer relationship management (CRM) services provider Xuan Wu Cloud Technology Holdings Ltd. (2392.HK) said on Wednesday it expects to report a net loss of 63 million yuan ($8.8 million)…
Agora hops on the China tech breakup bandwagon
The provider of real-time engagement services will split into two units, one focused on China and the other on its international business Key Takeaways: Agora said it will split into…
Plus Digital Seeks to Ride a Boom on Software Services for Retailers
The provider of digital sales and marketing tools for fast-moving consumer goods brands is seeking to go public in Hong Kong as sales of its subscription-based services boom Key Takeaways:…
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…
Tuya Seeks Hong Kong IPO to Hedge U.S. Delisting Risk, But Investors Are Wary
With the possibility of being forced to delist from the U.S. market by the SEC, Tuya is primarily seeking a safe harbor and only aims to raise a conservative HK$140…
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