Pinduoduo Posts Q3 Results, Signals Sustainable Growth as Spending Shifts from Marketing to R&D
Pinduoduo appears to be forging a path to sustainable growth after garnering more than 800 million customers in record time.
11/26/20212 min read
Tag: #financial report
Showing 12 of 215 posts with this tag
Tencent's Q2 Disclosure a Mixed Blessing, Hoping to Defy Gravity in Shaky Market
Chinese internet giant Tencent logged its first-ever quarterly revenue fall along with declining net profit for the fourth consecutive quarter, according to its second-quarter 2022 results released on August 17.
Alibaba Group Announces September Quarter Results
Chinese internet and e-commerce giant Alibaba Group on Thursday announced its financial results for the fiscal quarter ended September 30, 2021.
11/19/20215 min read
Tencent to Report Q4 and Full Year 2019
Chinese social and gaming company Tencent will report their fourth quarter and full year 2019 results after the close of Hong Kong markets on March 18.
3/18/20202 min read
HUYA Inc. 2024 Q1 Results: Strategic Transformation Makes Good Progress in Game-Related Services, Returning an Aggregate Value of Nearly $200 Million to Shareholders
Since last August, Huya Inc. has swiftly made strategic transformation to diversify business by exploring further into game-related services. The financial results of 2024 Q1 demonstrated encouraging progress.
5/13/20248 min read
Missfresh Q3 Financial Report: Earnings Beat Guidance As GMV Rises to RMB2.57 Billion and Average Order Value Increases to Industry Highest of RMB88.4
Missfresh Limited, a leading neighborhood retail company in China, today announced its unaudited financial results for the third quarter ending September 30, 2021.
11/12/20216 min read
KE Holdings’ Net Revenue in 2021 Increases 14.6% YoY After Strategic Upgrade
KE Holdings, a platform for housing transactions and services based in China, on Wednesday announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021.
3/10/20222 min read
Pinduoduo Stocks Drop Despite Revenue Exceeding Wall Street Expectations
Pinduoduo released its full-year financial report on Mar. 13. The Shanghai-based Chinese e-commerce company, which has been likened to Groupon, exceeded market expectations in terms of revenue but missed earnings estimates.
3/14/20192 min read
Trip.com Group Reports Net Revenue of 5.9 Billion Yuan in Q2, an 86% YoY Increase
On Friday, one-stop travel service provider Trip.com Group announced its unaudited financial results for the second quarter of 2021. During the period, the firm reported net revenues of 5.9 billion yuan ($912 million).
9/24/20213 min read
Battery Giant CATL Postpones Release of Q1 Report
Chinese battery giant CATL announced on Sunday night that in order to ensure the quality and accuracy of its information disclosure, the release time of its first quarterly report for 2022 has been postponed from April 28 to April 30.
4/25/20222 min read
NIO Sees Large Increase of Net Losses in Q2
NIO, a leading company in the premium smart electric vehicle market, reported total revenues of 10,29 million yuan ($1,536 million) in the second quarter of 2022, representing a year-on-year increase of 21.8%.
9/7/20222 min read
Didi Reveals $4.8 Billion Loss, Alibaba CEO Daniel Zhang Resigns From Board
DiDi Global Inc. reported its first financial report for Q2 and Q3 on Thursday, showing that its net loss attributable to ordinary shareholders in the third quarter was 30.6 billion yuan ($4.8 billion).
12/30/20212 min read