NEWS WRAP: PDD posts triple-digit growth, mulls diversification beyond U.S.
The discount e-commerce giant attributed its strong growth to recovering consumption from increasingly cost-conscious consumers in China By Teri Yu Discount Chinese e-commerce company PDD Holdings Inc. (PDD.US) on Wednesday delivered triple-digit…
In tight times, Vipshop wows investors with dividend policy
The discount e-commerce company, which has been consistently profitable since 2013, said it will return $250 million to investors through a dividend this year Key Takeaways: Vipshop said it will…
The dilemma of the China-shedding strategy
Global investment giants face a risky balancing act as they create separate Asian operations to clearly delineate their China exposure from the rest of Asia By Ivy Yang Following…
CHINA BULLETIN: Provinces Get Set for Slower Growth
In this week’s issue provincial economic realism, a new reserve rate cut and vanishing game regulations. On a scale of 1 to 100, we give the week a 50 for…
Shein’s Chinese roots likely to rub some shine from its IPO
Despite working hard to recast itself as a Singaporean company, the fast fashion giant may find that Chinese regulatory scrutiny is its biggest obstacle to a planned U.S. IPO Key…
CHINA BULLETIN: Moody’s Downgrades China Outlook
In this week’s issue a Moody’s downgrade, a China-EU summit, and Evergrande dodges a meltdown. On a scale of 1 to 100, we give the week a 40 for offshore-listed…
China has a new e-commerce top dog as global gains lift PDD past Alibaba
The company formerly known as Pinduoduo passed Alibaba in terms of market value after reporting strong third-quarter growth fueled by its international Temu platform Key Takeaways: PDD’s Temu international platform…
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