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Wumei

Baidu does infrastructure

BRIEF: Despite post-IPO plunge, Dmall gets included in the Hang Seng Composite

Dmall Inc. (2586.HK), a provider of software-as-a-service (SaaS) solutions to retailers, said on Monday it has been selected as a new constituent of Hong Kong’s benchmark Hang Seng Composite Index,…
February 24, 2025
2586.HK

BRIEF: Dmall shares plunge in Hong Kong trading debut

Shares of Dmall Inc. (2586.HK) lost more than half their value on their first trading day, as the provider of software services for retailers raised HK$624 million ($80 million) in…
December 6, 2024
2586.HK
Dmall, a Wumei Group’s subsidiary, is seeking public listing,

Dmall shops for investors, even as business remains mostly a family affair

The provider of SaaS products for retailers has filed for a Hong Kong IPO, sporting a customer list mostly comprised of companies affiliated with its parent, Wumei Key Takeaways: In…
November 12, 2024

Retail slowdown takes wind out of Dmall’s advancing IPO

The provider of cloud-based services for traditional and e-commerce retailers posted revenue growth of just 1.6% in the first quarter Key Takeaways: Dmall’s revenue growth slowed sharply in the first…
June 26, 2023

Recent Articles

Baidu does infrastructure
February 24, 2025

BRIEF: Despite post-IPO plunge, Dmall gets included in the Hang Seng Composite

2586.HK
December 6, 2024

BRIEF: Dmall shares plunge in Hong Kong trading debut

2586.HK
November 12, 2024

Dmall shops for investors, even as business remains mostly a family affair

June 26, 2023

Retail slowdown takes wind out of Dmall’s advancing IPO

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