Alibaba - Bamboo Works - China stock insights for global investors

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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CHINA BULLETIN: China Economy Off to Strong Start in 2024

Sun, 21 Apr 2024 11:46:25 +0000

In this week’s issue GDP booms, WhatsApp gets the boot and a liquor bubble pops. On a scale of 1 to 100, we give the week a 50 for offshore-listed China stocks. Doug Young, Editor in Chief You can sign up to get China Bulletin weekly in your inbox. MACRO China Economy Off to Strong.....

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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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PODCAST: China EVs Under Attack, and Alibaba’s Sputtering Split-up

Tue, 09 Apr 2024 03:21:49 +0000

China accuses US of unfair EV subsidies at the WTO. Will the US fight back with a counter claim against Chinese EVs? And Alibaba cancels an IPO for its Cainiao logistics unit. Is its bigger plan to break up the company falling apart?

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FAST NEWS: Alibaba continues aggressive share buyback

Wed, 03 Apr 2024 07:08:59 +0000

The Latest: E-commerce giant Alibaba Group Holding Ltd. (BABA.US; 9988.HK) said it spent $4.8 billion in the first quarter of this year to repurchase its American depositary shares (ADS) under its ongoing buyback program. Looking Up: The company expanded its share repurchase program in March 2022 from $15 billion to $25 billion, reflecting its strong.....

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FAST NEWS: SenseTime’s loss widens despite cost controls

Wed, 27 Mar 2024 05:56:54 +0000

The latest: Artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) said its revenue fell 10.6% to 3.41 billion yuan ($472 million) last year, while its non-GAAP net loss rose 14.2% to 5.41 billion yuan, according to its latest results published on Tuesday. Looking up: The company’s selling, administrative and R&D expenses fell between 3% and 14% last year,.....

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NEWS WRAP: PDD posts triple-digit growth, mulls diversification beyond U.S.

Thu, 21 Mar 2024 08:55:25 +0000

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 quarterly revenue growth that beat market expectations, banking on recovering demand at home and steady gains in its movement abroad. PDD operates e-commerce site Pinduoduo.....

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Tuya’s losses narrow, but stock still looks pricey

Tue, 12 Mar 2024 02:04:13 +0000

The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways: By Bai Xinrui Internet of Things (IoT) platform as a service (PaaS) provider Tuya Inc. (TUYA.US; 2391.HK) had a good run last year when its shares.....

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E-House rebuilding hits snag as rights plan stalls

Mon, 11 Mar 2024 00:47:55 +0000

The setback has added new uncertainties to the online real estate agent’s ongoing restructuring Key Takeaways: 　 By Lau Chi Hang The rebuilding has stopped, at least for now, at E-House (China) Enterprise Holdings Ltd. (2048.HK), a former highflier that has become a poster child for the woes overtaking China’s property sector. The online real estate services.....

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CHINA BULLETIN: Economic Growth Target Stays at 5%

Sun, 10 Mar 2024 09:11:56 +0000

In this week’s issue GDP growth target unchanged, Apple sales plunge and a Belle returns to the Hong Kong ball. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks. Doug Young, Editor in Chief You can sign up to get China Bulletin weekly in your inbox. MACRO.....

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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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