China Internet Weekly (31Aug2020): Q2 Result of Weak Xiaomi, Overheated BILI, DADA, and BITA
Alibaba (BABA)’s subsidiary, Ant Group, is profitable. Xiaomi had weak revenue and weaker profit in 2Q20. Tencent Music plans to issue...
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Meituan-Dianping: Cleaning up Q2 Results Reveals Lackluster Operating Leverage, Other Challenges
Meituan-Dianping's headline Q2 numbers (out Friday August 21st) looked good, with reported Operating Profit rising 96% YoY on Covid19-hit Revenue...
274 Views
TRACKING TRAFFIC/Chinese Express: July Growth Slows | Q2 Results Show Margin Vs Volume Tradeoff
Headline express parcel volume growth remained firm in July, but the pace of growth moderated compared to May-June. Flooding in some regions may...
210 Views
JD.com: 2Q20: In a Groove
JD.com Inc (ADR) (JD US) share price has more than doubled in the last twelve months and up 87% YTD as revenue growth rebounded and margins...
243 Views
Second Listing or Re-Packaging Assets Won't Fix Problems Revealed by Best Inc's Weak Q2 Results
By being selective about the parcels it handled and focusing on costs, BEST Inc (BEST US) managed to lift gross margin slightly in Q2, despite...
265 Views