Update on BABA-Backed Best Inc IPO: Company Chooses NYSE, Lifts Fundraising Target to US$1bn
Alibaba-backed logistics specialist Best Inc. on Tuesday morning (August 29th) in New York filed the third amendment to its initial Form F-1. This...
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With Help of Non-Operating, Non-Cash Items, ZTO Beats Q2 Estimates; But Q3 Guidance Looks Weak
ZTO Express (ZTO US) appears to have beaten Q2 consensus EPS (non-GAAP) estimates by a penny, with earnings per ADR coming in at US$0.15. But this...
273 Views
BABA-Backed CaiNiao Network's Loss Rose 8% Y/Y, On Track for 2bn+ RMB Loss in 2017, Pressure Grows
On Thursday morning in New York Alibaba Group Holding Ltd (BABA US) reported a generally strong set of June quarter results, lifting the shares...
365 Views
Best Inc IPO, Part 2 of 2: Valuation Versus Chinese Express Peers
Chinese express, trucking, and logistics company Best Inc., which counts Alibaba Group Holding Ltd (BABA US) as its largest investor, filed its...
411 Views
CJ Logistics Q2 Results Disappoint, 2017-18 Earnings Estimates Need to Come Down Further
CJ Korea Express Corp (000120 KS) just reported a disappointing set of Q2 results that show solid top-line growth but continued margin erosion....
309 Views