Hive Box - Pre-IPO: To Understand Who Pays and Why They Pay
Delivery workers would like to pay to save their time. Retailers would also like to pay return delivery to raise their service quality. However,...
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Geely (175 HK): Sales Volume Accelerated in August
The sales volume growth rate began to accelerate in August. Geely’s revenue grew strongly by 39% YoY in 2Q24. The operating margin had improved YoY...
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China Consumption Weekly (16 Sep 2024): Alibaba, Tencent, JD.com, Kuai, Hive Box
Alibaba’s Taobao app and Tmall apps decide to accept WeChat Pay. JD will raise employee salaries up to 20 months within two years. Hive Box, a...
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China Consumption Weekly (9 Sep 2024): Tesla, NIO, PDD, Anta, 361 Degree
In August, Tesla’s shipments grew by only 3% YoY in China, much lower than the industry average 30%. NIO denied bankruptcy.
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Li Auto (LI US): 2Q24, Look at Monthly Deliveries, But Not Quarterly Revenue
Monthly deliveries recovered to the 2023 level in the three months - June, July, and August 2024. Li Auto’s deliveries growth outperformed the...
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