Yunji rides robotics wave to Hong Kong IPO with A-list of backers
Digitization of China’s hospitality sector is boosting demand for related robots, providing fertile ground for the company’s products Key Takeaways: Yunji Technology has filed to list in Hong Kong, reporting…
AuGroup looks for home on Hong Kong Stock Exchange
The cross-border furniture seller reported its business continues to rebound from an incident that saw it temporarily banned from Amazon’s marketplaces in 2021 Key Takeaways: AuGroup has filed an updated…
PODCAST: Tax on Temu, and EVs Outpower Gas Cars
The US closes a loophole that allowed Temu and Shein to import goods duty-free. How will this impact their sales? And sales of Chinese EVs passed gas-powered cars for a second straight month in August. Has the EV era finally arrived?
Ubtech Robotics set to keep stumbling into the red
The maker of humanoid and industrial robots faces high production costs and an array of competing machines from big names such as Xiaomi, Tesla, Amazon, and OpenAI Key Takeaways: Ubtech Robotics has predicted…
FAST NEWS: Zibuyu’s profit skyrockets on higher revenue, cost cuts
The Latest: Cross-border e-commerce trader Zibuyu Group Ltd. (2420.HK) said Thursday it expects to report a net profit of 87 million yuan ($12 million) to 97 million yuan for the first half of…
PDD expands to South America as regulatory headwinds grow
The company’s Temu low-cost shopping app has launched in Brazil, aiming to extend its overseas drive By UOB-Kay Hian PDD Holdings Inc. (PDD.US) has made significant strides expanding overseas…
Online seller Augroup looks to wean itself off big platforms
The cross-border e-commerce company has applied to list its shares in Hong Kong after unsuccessfully shopping around mainland exchanges Key Takeaways: Augroup Technology’s profits more than doubled last year…
