Stagnating Weibo at existential moment
One of China’s earliest social media companies said most of its major metrics were flat in its latest quarterly report, as it remains reliant on advertising for 85% of its…
CICC Probed by Regulator, and Huawei Trials New Harmony OS
CICC has been fined for its lax due diligence with IPO candidate S2C. And Huawei beta tests the latest rendition of its Harmony smartphone operating system. By Doug Young &…
Tencent may join forces for Ubisoft bid
The Chinese Internet giant and the Guillemot family are reportedly exploring a joint buyout of French game developer Ubisoft, which has been hit by fierce competition and the delayed game…
FAST NEWS: JPMorgan cuts its Weimob holdings
The latest: U.S. banking giant JPMorgan disclosed it sold 3.94 million shares of e-commerce services provider Weimob Inc. (2013.HK) on Nov. 1, lower its stake from 6.01% to 5.87%, according to a…
CHINA BULLETIN: The Incredible Sinking Yuan
In this week’s issue the incredible shrinking yuan, payment companies welcome back foreign visitors, and local governments play debt hide-and-seek. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Weimob returns to growth as long march towards elusive profits continues
The e-commerce services provider reported strong growth for its ad billings and software orders in the first quarter, as analysts expect its revenue to rise about 30% this year Key…
At Cusp of a Turnaround, Weimob Finds Bargain in Its Own Beaten-Down Stock
The provider of e-commerce services to small and medium-sized enterprises wins back market favor after a third-quarter business reboundKey Takeaways:Weimob’s SaaS orders rose 30% year-over-year in the third quarter, as…
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Stagnating Weibo at existential moment
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