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…
PODCAST: A Biotech Buyout, and an Influencer Uprising
By Doug Young & Rene Vanguestaine AstraZeneca has offered to buy money-losing Gracell Biotech for up to $1.2 billion, in a first-of-its kind M&A for a Chinese drug startup. Will…
New Oriental Education delivers a lesson in business revival
The education giant has sealed its return to financial health with quarterly adjusted profits at a three-year high and revenues back to 92% of their level before a crackdown on…
East Buy turns Douyin setback into publicity coup
The livestreaming company found itself in the spotlight when one of its Douyin channels was blocked, and seized the chance to promote its own e-commerce platform Key Takeaways: East Buy…
Back on a profitable track, New Oriental pivots towards travel
The education and e-commerce group has rebounded into profit from a big annual loss and is aiming to break into tourism, responding to booming post-pandemic demand Key Takeaways: New Oriental…