China Internet Weekly (7Dec2020): Alibaba Withdrawing from India and Domestic Music Market
Alibaba (BABA) are selling BigBasket.com to Tata Group in India and will dismiss Xiami Music in China. Xiaomi will issue new shares.
422 Views
China Internet Weekly (21Sep2020): BABA Launched Property Agency and Promoted Game Department
Alibaba (BABA) launched a platform of real estate agency. Alibaba (BABA) promoted its interactive entertainment unit to first-level department...
410 Views
China Internet Weekly (31Aug2020): Q2 Result of Weak Xiaomi, Overheated BILI, DADA, and BITA
Alibaba (BABA)’s subsidiary, Ant Group, is profitable. Xiaomi had weak revenue and weaker profit in 2Q20. Tencent Music plans to issue...
463 Views
Autohome (ATHM): Higher Margin in 2Q20 and China Car Market Growing Faster Than Last Year
ATHM’s operating margin improved to 29% in 2Q20 versus 25% in 2Q19. The car sales volume in China declined YoY before the pandemic, but turned...
512 Views
Li Auto IPO Initiation: On a Charge
Lixiang Automotive (LIX CH)/Li Auto is the first company to successfully commercialise EREVs (extended-range electric vehicle) in China, the Li...
670 Views