How Is China’s E-Commerce Penetration Shaping Up?
There is heavy regional disparity in e-commerce penetration in China. Disposable income and urbanisation are two of the main drivers of...
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Tencent Sounds the Horn on the Next Big Battleground: Enterprise Collaboration
Tencent identified enterprise collaboration apps as the larger structural impact of the COVID-19 outbreak, as opposed to just increased demand for...
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JD.com’s Buyback a Confidence Game
JD.com Inc (ADR) (JD US) announced a $2 billion buyback program over the next 24 months. The buyback is the largest announced by JD as it had...
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Best Inc. 4Q19 Results: Express Growth Slowed Dramatically Even Before Covid-19 Arrived
On Thursday morning in the US, Chinese express and logistics specialist BEST Inc (BEST US) reported Q419 results. Revenue for the period was...
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Pinduoduo (PDD): Some Positive Points in 4Q2019 Result, But Remain Cautious
There are some positive points in the 4Q2019 result, including revenue growth, operating cash flow growth, and operating margin...
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