FAST NEWS: J&T’s loss narrows on strong Southeast Asia business
The latest: Logistics provider J&T Global Express Ltd. (1519.HK) announced Friday its non-GAAP adjusted loss last year narrowed 71% to 432 million yuan ($60 million). Looking up: J&T‘s revenue grew 21.8%…
Sequoia China stands tall on its own as ‘HongShan’
The venture capital firm will be led by founder Neil Shen in China, and is one of two global units being separated from its U.S. counterpart to operate independently Key…
FAST NEWS: High Power Costs Undercut GDS Holdings’ Profitability
The latest: Independent data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) announced on Tuesday its revenue rose 24% to 2.31 billion yuan ($345 million) in the second quarter of the year, as…
FAST NEWS: Data Center Operator GDS Loss Widens in First Quarter
The latest: Independent data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) reported its revenue rose 31.5% to 2.24 billion yuan ($354 million) in the first quarter of the year, as its net…