Yonyou IPO tests whether AI will rewrite the software business
The Chinese enterprise software pioneer is pitching AI as its next growth engine, even as the technology forces investors to rethink the future of the global software industry Key Takeaways:…
As messaging demand shrinks, can AI revive Xuan Wu Cloud?
The enterprise services provider has suffered a downturn in its communications traffic and, under new ownership, is pinning its recovery hopes on an AI pivot Key Takeaways: After tighter rules…
FAST NEWS: Xuan Wu Cloud’s loss narrows on cost controls
The Latest: Customer relationship management (CRM) services provider Xuan Wu Cloud Technology Holdings Ltd. (2392.HK) forecast on Monday that its net loss for the first half of this year would narrow by 60%…
Is Baozun’s risky leap into brand management starting to pay off?
The provider of e-commerce services says it is turning the corner in its ‘journey of transformation’ Key Takeaways: Baozun’s revenues rose 5% last year following its acquisition of Gap China,…
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)…
Weimob shops breakup plan, but investors aren’t buying it
The e-commerce services provider said it is exploring a spinoff for its marketing services arm, with plans to list it separately on China’s A-share market Key Takeaways: Weimob shares fell…
Baozun overhauls Gap stores, goes global with new Hunter deal
The e-commerce company and Authentic Brands Group will form a joint venture to sell Hunter- branded products, best known for their Wellington boots, in Greater China and Southeast Asia Key…
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