YTO International ships in new CEO as its revenue fails to deliver
Revenue at the international arm of one of China’s leading parcel delivery companies shrunk by nearly 30% last year on falling international freight prices and waning demand Key Takeaways: YTO…
Dada Nexus rides closer to JD.com’s orbit with management shakeup
The intra-city delivery company named a new chairman and CFO, both with close ties to JD Logistics Key Takeaways: Dada Nexus has appointed two JD Logistics veterans as its new…
JD’s boardroom shuffle ignites talk of founder’s return
The executive who replaced JD.com founder Richard Liu as CEO only a year ago is unexpectedly stepping down, handing the reins to the firm’s CFO. The management shake-up at the…
FAST NEWS: JD Logistics swings to adjusted profit on strong revenue growth
The latest: Logistics services provider JD Logistics Inc. (2618.HK) announced on Thursday its revenue rose 31.2% to 137.4 billion yuan ($19.7 billion) last year, as its net loss narrowed 93%…
JD.com Falls Back on Logistics in Southeast Asia After E-commerce Defeat
The Chinese e-commerce giant entered Southeast Asia in 2015 through a joint venture with an Indonesian investment firm, but the local competition proved too toughKey Takeaways:JD will cease operations in…
Dada Delivers Big Returns as U.S. Investors Return to China Stocks
The local delivery company’s shares have nearly doubled this week, joining a small but growing group of U.S.-listed China stocks that are regaining investor favorKey Takeaways:Dada Group’s shares nearly doubled…
ZTO Emerges from Latest Delivery Price Wars With Return to Profit Growth
Logistics company delivered 31% more packages last year, but revenue grew by a slower 21% as the ultra-competitive sector engaged in its latest price war Key Takeaways: ZTO’s adjusted profit…
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