RLX casts smoke screen with new European acquisition, overseas revenue blip
The vaping company announced its recent purchase of 51% of a leading European distributor of smoke-free products and fast-moving consumer goods Key Takeaways: RLX said its revenue rose 14.8% year-on-year…
BRIEF: RLX revenue doubles on accelerating global expansion
Vaping company RLX Technology Inc. (RLX.US) on Wednesday reported its revenue nearly doubled in the first quarter, lifted by an acquisition and its accelerating global expansion away from its original…
Vaping leader RLX wins over skeptics with global diversification
The company reported that more than 70% of its third-quarter revenue came from outside its challenging home China market Key Takeaways: Acquisitions in Asia and Europe lifted RLX’s revenue by…
Clearing regulatory air lifts RLX back to healthy growth
The vaping company reported its revenue rose 40% in the second quarter, helped by a new acquisition in Europe, as it explores other smokeless products Key Takeaways: RLX’s revenue and…
Facing cloudy regulation, Smoore prepares back-up plans
The vaping products maker is facing new pressures on both the regulatory and tariff fronts, driving it to explore new products Key Takeaways: Smoore’s profit dropped 43.4% to 192 million…
Gasping Huabao’s profits go up in smoke
The vaping device and component maker warned it will report a pre-tax loss of up to 455 million yuan last year after taking up to 1 billion yuan in one-time…
Rebounding RLX plots course beyond China
Tacking against regulatory headwinds in its home market, China’s leading vaping company has begun aggressively diversifying overseas Key Takeaways: RLX’s third quarter revenue rose 52%, as its gross margin rose…
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