Best Inc's Q120 Results Are Sector-Worst, No Guidance for Q2 and Beyond
On Wednesday after the close in the US, BEST Inc (BEST US) reported what look like the sector's worst Q120 earnings results. Given Covid-19 impacts...
300 Views
ZTO Q120 Results Show Weak Cash Flow, Guidance Suggests Poor 'Conversion' Rest of 2020
On May 20, ZTO Express (ZTO US) reported a set of weak Q120 results after the US close; this was unsurprising given the dramatic impacts Covid-19...
173 Views
TRACKING TRAFFIC/Chinese Express: ASPs Fell 21-34% YoY in April on Competition, Growth of Low-End
Chinese express parcel volume grew by 32% YoY in April, the strongest growth so far in 2020 (growth in the key inter-city segment was even...
130 Views
Pinduoduo's Recent Moves Signal Desire to Develop Its Own Logistics Ecosystem
Recently, discount online retail platform Pinduoduo (PDD US) made two moves that indicate it plans to develop its own logistics ecosystem, as...
254 Views
JD.com (JD) Earnings Preview: Statistics Bureau Data Suggests Weak Q1 But Better Q2
We believe revenues will grow by 5% YoY in 1Q2020, lower than management’s guidance and the analyst consensus. However, we believe the stock price...
395 Views