bullish

China Internet Weekly (25May2020): Delivery Orders Surged in April, and Earnings Season

195 Views25 May 2020 08:22
SUMMARY
  • Delivery orders increased by 32% YoY in April versus 23% in March.
  • Xiaomi (1810 HK) achieved year-over-year growth despite the pandemic headwind.
  • iQiyi (IQ) did not obviously benefited from the quarantine period.
  • Bilibili (BILI) revenues increased by 69% YoY and monthly active users (MAU) increased by 70% YoY in 1Q2020.
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