Slowing revenue growth hurts online drug platform YSB
The B2B drug distributor posted higher annual revenues and swung to an adjusted profit, but disappointed investors still sent the firm’s stock down 9% on the day after the earnings…
Ping An Health pins recovery hopes on new leadership
The ailing healthcare platform brought in a whole new management team three years ago to drive a business turnaround but it is changing leaders again Key Takeaways: The Covid pandemic…
FAST NEWS: Dingdang Health forecasts 70% narrowing of book loss
The latest: Digital retail pharmacy Dingdang Health Technology Group Ltd. (9886.HK) said Wednesday it expects its net loss for the first half of this year to narrow by more than…
Profits recover at Alibaba Health but prognosis unclear
The digital pharmacy and healthcare provider returned to profit in the last fiscal year but is still struggling to limit its reliance on drug sales Key Takeaways: Alibaba Health delivered…
Medical imaging group Rimag sets growth focus with IPO
Buoyed by a healthcare boom, the provider of medical imaging services has filed to list on the Hong Kong Stock Exchange. Key Takeaways: Revenues have been rising at Rimag Group,…
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…
Yidu Tech Looks for Elixir With International Unit Stake Sale
The medical data services provider said it will sell 20% of its EVYD Technology unit to the Southeast Asian nation of Brunei’s sovereign wealth fundKey Takeaways:Yidu Tech is selling 20%…