Dingdong rings back to revenue growth, posts quarterly net profit
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: Dingdong’s revenue…
NEWS WRAP: PDD posts triple-digit growth, mulls diversification beyond U.S.
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…
Reversing the Slide – Bamboo Works 2023 Year in Review Special Report
By Brent Li To understand how offshore-listed Chinese stocks did in 2023, we need to look back a year earlier to when the Chinese landscape was pocked with widespread pandemic…
The dilemma of the China-shedding strategy
Global investment giants face a risky balancing act as they create separate Asian operations to clearly delineate their China exposure from the rest of Asia By Ivy Yang Following…
CHINA BULLETIN: Moody’s Downgrades China Outlook
In this week’s issue a Moody’s downgrade, a China-EU summit, and Evergrande dodges a meltdown. On a scale of 1 to 100, we give the week a 40 for offshore-listed…
China has a new e-commerce top dog as global gains lift PDD past Alibaba
The company formerly known as Pinduoduo passed Alibaba in terms of market value after reporting strong third-quarter growth fueled by its international Temu platform Key Takeaways: PDD’s Temu international platform…
NEWS WRAP: Short seller attacks PDD’s global Temu shopping app for security risk
Grizzly Research said the popular bargain e-commerce app has hidden malicious functions, sparking a selloff in PDD’s shares By Teri Yu Short seller Grizzly Research on Thursday accused discount…
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