BRIEF: Agricultural goods trader Yimutian files for Nasdaq IPO
Yimutian Inc. has filed to list on the Nasdaq, billing itself as China’s largest B2B platform for trading in agricultural products. The company didn’t disclose any fundraising targets in its…
Jingdong Industrials jumps on Hong Kong IPO bandwagon
The B2B marketplace unit of JD.com has filed a second time to list, hoping to entice investors with its strong growth amid a surging Hong Kong stock market Key Takeaways:…
GigaCloud’s business shines, but investors still rain on its parade
The B2B e-commerce company unveiled a $46 million share repurchase program in its latest move to revive its flagging share price Key Takeaways: GigaCloud’s revenue doubled in the second quarter…
FAST NEWS: 111 Inc’s Revenue Flattens on Covid Disruptions
The Latest: Online drug seller 111 Inc. (YI.US) on Thursday reported third-quarter revenue of 3.35 billion yuan ($470.8 million), roughly the same as a year earlier. Its net loss for…
GigaCloud Joins Wall Street Parade of China Meme Stocks
B2B e-commerce company’s shares quadrupled on their first trading day, even as its profits and margins are falling Key Takeaways: GigaCloud’s shares quadrupled in their New York trading debut, as…
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