WeChat Software Star Weimob Hit by More Loses, Big-Tech Scrutiny

Software as a service (SaaS) specialist’s latest results show it’s still suffering from a pandemic hit, as investors also worry about regulatory crackdown on WeChat parent Tencent Key Takeaways: Weimob’s 50% stock drop over the past month owes to concerns about its continued losses, as well as regulatory scrutiny of big tech Its intrinsic growth story remains intact as the company expands its customer base and partners By Eric Auchard Shares of Weimob Inc. (HKEx: 2013), the top supplier of cloud-based commerce and marketing software for merchants in China’s vast…

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JD’s Dada Puts More Stock in Grocery Basket

Company’s JDDJ e-commerce delivery service grows at twice the rate of its Dada Now general delivery service in fourth quarter By Doug Young E-commerce giant JD.com (Nasdaq: JD) has no shortage of publicly traded units for investors these days. One of the quieter members, local delivery specialist Dada Group (Nasdaq: DADA), has just released its latest quarterly earnings report, which is worth a further look before deciding whether its shares could be worth a try. In addition to its own New York- and Hong Kong-listed main units, JD has a…

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