Seeking a profile boost, Boxihe pivots to Hong Kong IPO
The maker of high-performance outdoor clothing is betting on rising demand for its Pelliot apparel range in China’s still relatively untapped market Key Takeaways: The company’s pre-IPO backers include Tencent…
INTERVIEW: Alibaba brings e-commerce closer to consumers with RedNote partnership
Embedded links in recommendation notes on the popular lifestyle platform will take buyers directly to items for sale in Alibaba’s Tmall and Taobao marketplaces By Doug Young Taobao and…
FAST NEWS: Chicmax’s profit skyrockets on growth of Kans brand
The Latest: Skincare products maker Shanghai Chicmax Cosmetic Co. Ltd. (2145.HK) reported Thursday its net profit surged more than three times to 412 million yuan ($58 million) in the first half of…
FAST NEWS: Baozun shares tumble as quarterly revenue declines
The latest: E-commerce software as a service (SaaS) provider Baozun Inc. (BZUN.US; 9991.HK) said its revenue fell 19.5% year-on-year in last year’s fourth quarter to 2.55 billion yuan ($370 million), while its…
Alibaba Logs Slowest Revenue Growth But Investors See Bright Side
Alibaba shares jumped even after it reported the slowest quarterly revenue growth (more…)
FAST NEWS: Baozun’s Profit Plunges as Alibaba Reliance Eases
The latest: E-commerce software as a service (SaaS) provider Baozun Inc. (BZUN.US; 9991.HK) said its revenue fell 1.8% year-on-year in the first quarter to 1.98 billion yuan ($294 million), while its…
After Heady Start to 2021, Weimob and Baozun Fall Out of Investor Favor
E-commerce software giants’ stocks plunge after Credit Suisse gives both the cold shoulder and broader market sentiment sours Key Takeaways: Weimob, Baozun shares have been battered by factors unrelated to…
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