2022-08-23
Bloomberg
3 related
JD.com beats with Q2 revenue rising 5.4% YoY to ~$39.1B and ~$700M net income, following three consecutive quarters of losses; NYSE-listed shares rise ~5%
Coco Liu / Bloomberg :
2022-06-30
Bloomberg
Interviews detail Didi's fall due to China's crackdown, losing $60B+ in market cap in one year and blindsiding executives, after its $4.4B US IPO in June 2021
It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office. Tweets: @cocojournalist , @karisoo1 , and @donweinland Tweets: Coco Liu / @cocojournalist : ...
2022-06-19
Bloomberg
5 related
Beijing-based MegaRobo, which applies robotics and AI to life sciences research, has raised a ~$300M Series C led by GGV Capital and Asia Investment Capital
Coco Liu / Bloomberg :
2022-05-17
Bloomberg
2 related
JD.com reports Q1 revenue rose 18% YoY to ~$35.6B, beating analyst estimates, as its net loss reached ~$445M
Coco Liu / Bloomberg :
2022-03-21
Bloomberg
2 related
Chinese e-commerce company Pinduoduo misses with ~$4.3B in Q4 revenue, up 3% YoY, as Beijing's crackdown and a delisting threat from the US worry investors
Coco Liu / Bloomberg :
2022-03-10
Bloomberg
2 related
JD.com reports Q4 revenue rose 23% YoY to $43.6B, above estimates, as its net loss reached $822M; JD's market cap has shrunk by ~40% to $97B over the past year
Coco Liu / Bloomberg :
2022-01-10
Bloomberg
3 related
Despite China's sweeping crackdown on the tech industry over the summer, VC investments in China reached an estimated $130.6B in 2021, up from $86.7B in 2020
Coco Liu / Bloomberg :
2021-08-24
Bloomberg
7 related
Chinese e-commerce company Pinduoduo reports $3.6B in Q2 revenue, up 89% YoY, as net income reaches $370M, and pledges $1.5B towards developing agriculture
Coco Liu / Bloomberg :
2021-02-02
Bloomberg
2 related
Alibaba sales beat estimates in the three months ended December, with revenue of $34.2B, up 37% YoY, and net income of $12.23B, up 52% YoY
Coco Liu / Bloomberg :
2021-01-26
Bloomberg
Sources: Didi Chuxing's on-demand trucking unit Didi Freight is close to raising $1.5B from Temasek, Jack Ma's Yunfeng Capital, IDG Capital, and others
Coco Liu / Bloomberg :
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