Weimob shops breakup plan, but investors aren’t buying it
The e-commerce services provider said it is exploring a spinoff for its marketing services arm, with plans to list it separately on China’s A-share market Key Takeaways: Weimob shares fell…
FAST NEWS: Baozun posts positive cash flow, but operating loss widens
The latest: Baozun Inc. (BZ.US; 9991.HK) on Wednesday announced it recorded a net loss of 126 million yuan ($17.8 million) in the third quarter, narrowing 25.4% from a 169 million…
PODCAST: Baidu launches its ERNIE chatbot, and Baozun in a major new foreign tie-up
By Doug Young & Rene Vanguestaine Baidu has officially made its ERNIE chatbot available to the public, a half year after it first unveiled its answer to the ChatGPT sensation.…
CHINA BULLETIN: Beijing Gets Serious on Economic Stimulus
In this week’s issue government stimulus heats up, U.S. Commerce Secretary calls on Beijing, and Huawei rejoins the smartphone race. On a scale of 1 to 100, we give the week a 55 for offshore-listed China stocks.
Baozun overhauls Gap stores, goes global with new Hunter deal
The e-commerce company and Authentic Brands Group will form a joint venture to sell Hunter- branded products, best known for their Wellington boots, in Greater China and Southeast Asia Key…
CHINA BULLETIN: China Awash in White Collar Workers, But Low on Laborers
In this week’s issue mixed manufacturing signals, snuffing out tobacco corruption and Elon Musk gets the red-carpet treatment. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Baozun hit by big-ticket buying slowdown
The e-commerce services company said its electronic product sales plunged 67% in the first quarter, while its appliance sales fell 36% Key Takeways: Baozun’s revenue declined 14% in the first…
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