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AliExpress fuels Alibaba International’s revenue growth by giving shoppers a ‘Choice’

Fri, 17 May 2024 01:51:38 +0000

Revenue for the e-commerce giant’s international arm jumped 45% in its latest quarter, marking its seventh consecutive quarter of strong gains Key Takeaways: By Teri Yu and Doug Young Watch out, Amazon Prime. A new kid on the block is quickly gaining traction on the global e-commerce scene, as the year-old AliExpress Choice service.....

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Dingdong rings back to revenue growth, posts quarterly net profit

Tue, 14 May 2024 05:14:17 +0000

China’s leading online grocer’s return to growth in the first quarter follows an overhaul that saw it withdraw from smaller markets to focus on larger cities Key Takeaways: By Doug Young Grocery story or tech company? Investors are having a hard time answering that question when it comes to Dingdong (Caymen) Ltd. (DDL.US), China’s.....

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Is Baozun’s risky leap into brand management starting to pay off?

Thu, 25 Apr 2024 04:09:21 +0000

The provider of e-commerce services says it is turning the corner in its ‘journey of transformation’ Key Takeaways: By Edith Terry Baozun Inc. (BZUN.US, 9991.HK) has been undergoing a major transformation this past year, buying brands and investing in a new offshore business as it diversifies beyond its status as one of China’s largest.....

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Online seller Augroup looks to wean itself off big platforms

Fri, 12 Apr 2024 03:02:52 +0000

The cross-border e-commerce company has applied to list its shares in Hong Kong after unsuccessfully shopping around mainland exchanges Key Takeaways: 　 By A. Au China’s Augroup Technology Co. Ltd., an e-commerce firm selling furniture and household goods on global online platforms, is trying to make a home on the Hong Kong Stock Exchange.....

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JST Group shows there’s still growth potential in China’s tough e-commerce market

Tue, 02 Apr 2024 23:32:47 +0000

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 year Key Takeaways: By Li Shih Ta Who says there’s no big growth left in China’s fiercely competitive and rapidly maturing e-commerce sector? Not JST.....

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Facing winter at home, Cango looks overseas

Thu, 14 Mar 2024 01:25:49 +0000

The auto-trading platform operator unveiled a new service for overseas dealers aiming to import used Chinese cars Key Takeaways: By Doug Young If you can’t stand the heat in China’s intensely competitive car market, then you get out of the kitchen. Of course that’s a slight exaggeration, but it’s not too far from the.....

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Lesi Group underwhelms with IPO in crowded online ad market

Wed, 06 Mar 2024 20:26:56 +0000

The Chinese provider of mobile advertising services has finally won IPO approval at the fourth attempt, but faces a muted market reception Key Takeaways: 　 By Fai Pui China’s Lesi Group Ltd. (2540.HK), a provider of mobile advertising services, is set to debut on the Hong Kong stock exchange as the first mainland company to.....

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In tight times, Vipshop wows investors with dividend policy

Mon, 04 Mar 2024 04:44:45 +0000

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: By Doug Young It’s one thing to give back to shareholders by repurchasing your shares. But it’s quite another to give back in the form of a dividend,.....

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Meituan prepares for overseas voyage with CEO Wang Xing as captain

Tue, 20 Feb 2024 05:16:14 +0000

The online-to-offline service provider’s founder will personally lead his company’s global pivot, hoping to imitate the success of other Chinese internet majors Key Takeaways: By Ken Lo Watch out, Shein, ByteDance and PDD. Takeout delivery giant Meituan (3690.HK) is hoping to join that trio of Chinese internet giants that have found big success overseas,.....

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Autohome shifts into higher gear with NEVs and immersive tech

Fri, 16 Feb 2024 04:49:19 +0000

The Chinese car trading giant is expanding its network of high-tech showrooms where customers can check out various models in virtual reality Key Takeaways: 　 By Fai Pui China’s accelerating car market has put online trader Autohome Inc. (ATHM.US; 2518.HK) on the road to a post-Covid recovery, with some bumps along the way. Government measures.....

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Alibaba International records solid growth led by AliExpress

Mon, 12 Feb 2024 04:52:17 +0000

The international e-commerce arm of Alibaba Group posted 44% revenue growth in its latest quarter, led by major contributions from its AliExpress B2C global marketplace Key Takeaways By Teri Yu China e-commerce giant Alibaba Group (BABA.US; 9988.HK) eked out 5% revenue growth in its latest quarterly results announced last Wednesday. Despite that modest gain,.....

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