BRIEF: Weimob raises $201 million through share placement at 8.9% discount
E-commerce services provider Weimob Inc. (2013.HK) announced on Thursday that it will raise HK$1.56 billion ($201 million) through a placement of 688 million shares to Infini Capital, representing 16% of…
Baozun returns to the black as Gap expansion accelerates
The e-commerce services and brand management company’s revenue rose 7.7% in the fourth quarter, as it announced plans to open a net 40 new Gap clothing stores in China this…
Weimob gets early Christmas ‘gift’ from WeChat
The provider of services to e-commerce merchants on WeChat is expected to benefit from the platform’s new ‘Send Gifts’ program Key Takeaways: Weimob’s share price doubled in four days last…
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,…
JST Group shows there’s still growth potential in China’s tough e-commerce market
The country’s largest provider of ERP software as a service for e-commerce has filed a second time to list in Hong Kong, reporting its revenue grew more than 30% last…
FAST NEWS: Weimob boosts stake in movie producer
The latest: E-commerce services provider Weimob Inc. (2013.HK) announced on Wednesday that it agreed to acquire an additional 24.4% of Shanghai Banfan Information Technology, with a transaction value of 31 million yuan (4.3…
FAST NEWS: Weimob cancels spinoff plan after shareholder feedback
The latest: E-commerce services provider Weimob Inc. (2013.HK) announced Sunday that it has decided not to proceed with a plan to transfer more than half of its stake in its digital marketing…
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