New education segment powers rebuilding New Oriental
Several years after getting clobbered by a government crackdown, the private educator is regaining momentum on its newer education and training businesses Key Takeaways: New Oriental reported its operating profit…
East Buy rides into China’s instant commerce war zone
The e-commerce company’s move is the latest development in its gradual transformation into an online version of Costco and Sam’s Club Key Takeaways: East Buy is building up same-day delivery…
New Oriental turns in mixed report card of rising revenue, falling profits
The education services provider’s latest quarterly report reflected its largely steady but unspectacular performance Key Takeaways: New Oriental Education reported revenue for its fiscal quarter through August reached $1.52 billion,…
East Buy ends superstar influencer addiction – but at a big price
The livestreaming e-commerce company’s revenue declined and it fell into the red in the first half of its fiscal year after the departure of its key online salesman Dong Yuhui…
PODCAST: A Rebel Livestreaming Host, and Gloomy Skies for a Solar Farm Operator
A popular livestreaming host parts ways with e-commerce company East Buy. How will the company move past the crisis? And solar farm operator Xinyi Energy sings the profit blues. Why is China's solar energy market suddenly looking far less bright?
East Buy faces rebuilding after breakup with star livestreamer
The e-commerce company is trying to diversify its livestreaming and product strategies after a drawn-out dispute with star host Dong Yuhui Key Takeaways: East Buy’s shares fell to a two-year…
East Buy counts the cost of candor after share rout
Just months after a corporate battle over its star anchor, the e-commerce platform has landed back in the spotlight after airing issues with its livestreaming business Key Takeaways: East Buy’s…
