Casey Hall
Stories by Casey Hall
China’s Didi Global sinks into Q1 loss after two profitable quarters
The loss was largely attributed to a fall in investment income from its stake in Xpeng.
India’s Adani Energy Solutions to raise up to $1.5b
The firm will raise funds via the issuance of shares or other securities by way of qualified institutional placements.
Alibaba’s AliExpress recruits Beckham to ‘score more’ global sales
AliExpress also signed on as a sponsor of the UEFA Euro 2024 tournament earlier this year.
China’s Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales
The global smartphone market has shown signs of a recovery since late last year after a prolonged period of sluggishness.
Chinese retailer JD.com reports Q1 revenue above estimates
Deep price cuts helped the retailer boost sales that had been hit hard by cautious customer sentiment.
Chinese e-commerce giants face delicate balance between discounts and profit
The low-cost battleground presents a challenge for Alibaba's Tmall and JD.com.
Alibaba co-founder Jack Ma steps out from the shadows with morale-boosting post
Alibaba's shares have declined 27% in the past 12 months, giving it a market capitalisation of some $178 billion.
Cainiao buyback is a sign that Alibaba is taking the threat from Shein and Temu seriously
Alibaba has decided against listing Cainiao in HK citing a "depressed" share market.
Alibaba offers to buy 36% stake in Cainiao for $3.75b as it drops IPO plan
Cainiao had first filed the IPO paperwork to the HKEX in Sept.
Chinese food delivery group Meituan’s quarterly revenue beats expectations
Net profit hit 2.2b yuan in Oct-Dec 2023 from a loss of 1.08b yuan a year earlier.
