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...
376 Views
China Internet Weekly (9Mar2020): Game News on Tencent, NetEase, and Alibaba
Tencent (700 HK) is fighting ByteDance on remote office software. Online game managers left Alibaba (BABA). JD.com (JD) CFO will retire this...
297 Views
Baozun: COVID-19 Causing Delayed Order Delivery, Cancellation Peaked
Based on our check with Baozun Inc. (BZUN US) top merchandise customers, combined with Alibaba Group (BABA US) management comments during their...
367 Views
Vipshop (VIPS): Growth Up, Margin Up, and Stock Price Up 27% After Closing Out Logistics
VIPS closed out its logistics subsidiary, Pinjun Express, in November 2019. The operating margin climbed up to 10.4% in 4Q2019 versus 3.8% in...
333 Views
JD.com (JD): Record Low Margin for Direct Sales in 4Q2019, But Epidemic Will Raise Margin in 2020
JD’s gross margin of direct sales reached record low due to the competition on Singles' Day in 2019. The computer retailer, Hasee (神州), softened...
319 Views