Miniso Releases New Brand Strategy Amid Record High Gross Margin
On the 10th anniversary of its founding, Miniso, a Chinese discount retailer of lifestyle and household goods, announced its updated global brand strategy.
Tag: #revenue
Showing 12 of 58 posts with this tag
Bytedance Rumored to Hit $20 Billion Revenue Goal for 2019
Chinese media outlet Jiemian reports that ByteDance achieved its performance goals in 2019, with annual revenue exceeding 140 billion yuan ($20 billion).
1/10/20202 min read
CATL's Q1 Net Profit Reaches $1.43B, Gross Profit Margin Exceeds 20%
On April 20th, CATL released an impressive first-quarter financial report. The report revealed that the company achieved an operating income of 89.038 billion yuan ($12.96 billion) in the first quarter of this year, which is an increase of 82.91% compared to last year's figures.
ATRenew Posts Record Profit as Quality Control Automation Push Drives Efficiency
ATRenew, the operator of China’s top consumer electronics transactions and services platform, on Tuesday delivered a three-month profit record, in which it posted $11.5 million in adjusted operating profit for the fourth quarter, a new quarterly record.
Li Auto's Q1 Revenue Increases by Nearly 100% YoY, Delivery Target of 30,000 EVs Set for June
Chinese electric vehicle manufacturer, Li Auto, released its Q1 financial report on May 10th. The report revealed a revenue of 18.79 billion yuan ($2.71 billion) for the quarter, indicating an increase of 96.5% year-on-year and 6.4% compared to the previous quarter.
BYD Expects Q1 Net Profits to Increase 174%-300% YoY
Chinese automobile manufacturer BYD announced on Monday that it expects net profits in the first quarter of 2022 to total between 650 million yuan and 950 million yuan ($102M - $149.1M), up 174% - 300% year-on-year.
4/19/20223 min read
BYD Expects Profits to Top $2.5B in 2022
Chinese electric vehicle and battery maker BYD released its performance forecast for 2022 on January 30. The company expects to have achieved an operating income exceeding 420 billion yuan ($62.19 billion).
NIO Launches Independent Probe Into Grizzly Short-Seller Report
Chinese electric vehicle maker NIO announced on July 11 that the company is setting up an independent committee to oversee an investigation into allegations made in Grizzly Research's critical short-seller report.
7/12/20222 min read
Nike's Revenue in Greater China Decreases by 9% YoY in Fiscal 2022
On June 27, Nike, the U.S. sportswear giant, released key financial data for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Its share price fell nearly 7% the next day and its market value dropped by $12 billion.
ATRenew Sets New Quarterly Revenue Record as Refurbishing and Diversification Efforts Pay Off
ATRenew, the operator of China’s top consumer electronics transactions and services platform, on Wednesday set a new quarterly revenue record as it upped the ante in refurbishing gadgets while branching out into the recycling of other items.
Dada Group Q1 2023 Total Revenue Reaches $370 Million
On May 11th, Dada Group released its Q1 2023 financial results. In the first quarter, Dada Group's total revenue reached RMB 2.6 billion (about USD 370 million), a year-on-year increase of 27%. The adjusted net loss rate narrowed by over 16 percentage points compared to the same period last year.
Douyin and TikTok Garner $283M in June Revenue
Mobile application data analysis company Sensor Tower released a report on July 8 claiming that Douyin and its overseas version TikTok earned more than $283 million in June from the App Store and Google Play.