FAST NEWS: JPMorgan cuts its Weimob holdings
The latest: U.S. banking giant JPMorgan disclosed it sold 3.94 million shares of e-commerce services provider Weimob Inc. (2013.HK) on Nov. 1, lower its stake from 6.01% to 5.87%, according to a…
CHINA BULLETIN: The Incredible Sinking Yuan
In this week’s issue the incredible shrinking yuan, payment companies welcome back foreign visitors, and local governments play debt hide-and-seek. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Weimob returns to growth as long march towards elusive profits continues
The e-commerce services provider reported strong growth for its ad billings and software orders in the first quarter, as analysts expect its revenue to rise about 30% this year Key…
At Cusp of a Turnaround, Weimob Finds Bargain in Its Own Beaten-Down Stock
The provider of e-commerce services to small and medium-sized enterprises wins back market favor after a third-quarter business reboundKey Takeaways:Weimob’s SaaS orders rose 30% year-over-year in the third quarter, as…
FAST NEWS: Weimob Says Business ‘Recovered Rapidly’ After Shanghai Lockdown
The latest: E-commerce services provider Weimob Inc. (2013.HK) said late on Thursday that its business “recovered rapidly” following the easing of the pandemic in Shanghai, where the company is based.…
Weibo Plays With the Big Boys in Numbers, But Investors Still Worry
Despite impressive financial results last year, China’s Twitter equivalent faces the challenge of better monetizing users in its highly regulated home market Key takeaways: Weibo’s revenue rose above pre-pandemic levels…
Investors Turn Off iClick Despite Its Strong Potential, as Move to Hong Kong Remains Likely
E-commerce marketing services provider’s shares remain depressed, even as it forecasts strong growth for its enterprise solutions business over the next three years Key takeaways: • iClick said its enterprise…