Macao’s end of an era, and a ghost ship in search of a business
An era has ended in Macao with the planned closure of the city's remaining "satellite casinos" by the end of the year. Does this represent the latest step in the corporatization of Macao? And former financier-turned-educator-turned -food seller Qudian has announced it's pulling out of its latest foray into last-mile delivery. What value for investors is there in this kind of ever-changing company?
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: Qudian turns profitable as last-mile delivery business continues to grow
Qudian Inc. (QD.US) reported on Friday its third-quarter revenue rose 85.8% year-on-year to 55 million yuan ($7.8 million), as it expanded its last-mile delivery services in Australia and New Zealand.…
BRIEF: Qudian revenue jumps as last-mile delivery business gains momentum
Qudian Inc. (QD.US) reported on Friday its revenue rose five times to 53.3 million yuan ($7.5 million) in this year’s second quarter from 11.1 million yuan a year earlier, as…
Qudian’s latest identity delivers big costs, scant rewards
The former online lender is trying its hand at last-mile delivery services in Australia and New Zealand, but a heavy cost structure raises questions about the business model’s viability Key…
CHINA BULLETIN: More Trade Contraction
In this week’s issue exports keep falling, another new chip fund and China’s answer to Irish coffee. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Qudian unveils last-mile delivery transformation plan
The former Chinese online consumer lender revealed it began trialing a new last-mile delivery service in Australia and New Zealand at the end of last year Key Takeaways: Qudian announced…
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