bearish

Yunda Holding

Beyond ASP Declines, Additional Dynamic Undermines Yunda | We Explain Roles of STO, BABA, CaiNiao

428 Views12 Dec 2023 08:08
A loss of volume share to rival STO is adding to existing margin pressure at Yunda related to declining prices. This new dynamic could be related to Alibaba's transfer of its STO stake to CaiNiao.
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