Dingdong (Cayman) Limited Announces First Quarter 2024 Financial Results

SHANGHAI, May 13, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights:  GMV for the first quarter of 2024 increased by 1.4% year over year to…

Qudian Inc. Announces Changes to Board of Directors

XIAMEN, China, May 13, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced that Mr. David Cui has replaced Mr. Shengwen Rong as a member of the board of directors (the "Board"), audit committee and compensation committee of the Company. Mr. Shengwen Rong resigned from the Board for personal reasons, effective as…

BRI cooperation leads a golden period of China-Hungary ties: Chinese Ambassador

BEIJING, May 11, 2024 /PRNewswire/ -- Chinese President Xi Jinping arrived in Hungary late Wednesday, the final destination of his European tour. Chinese Ambassador to Hungary Gong Tao (Gong) shared his views on the significance of the visit in an interview with Global Times (GT) reporter Wang Wenwen, reviewing the development of bilateral relations and the prospect of cooperation between the two…

Baozun Schedules Annual General Meeting of Shareholders

SHANGHAI, May 10, 2024 /PRNewswire/ -- Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) ("Baozun" or the "Company"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced today that it will hold its annual general meeting of shareholders ("AGM") on Wednesday, June 12, 2024, at 2:00 p.m., Hong Kong time (or 2:00 a.m. on Wednesday, June 12, 2024, New York time). The…

DHgate Releases 2023 IP Protection Annual Report

DHgate has released an annual report highlighting their outstanding successes in combating IP infringement on their leading global cross-border e-commerce marketplace, with complaints decreasing by as much as 90% from many brands BEIJING, May 8, 2024 /PRNewswire/ -- DHgate, the global leading B2B cross-border e-commerce marketplace, has released its "2023 Intellectual Property Protection Annual…

SURVEY: Consumers Want More Live Interactive Shopping Events

61% of consumers under 55 express interest in live shopping experiences SANTA CLARA, Calif., May 8, 2024 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs in the interactive live shopping sector, today announced the results of a commissioned study examining consumer perceptions surrounding live shopping. Live shopping is anticipated to grow…

Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year

Southeast Asia's integrated car e-commerce platform Carsome Group Inc announced its first quarterly EBITDA positive result for first quarter (Q1 2024), continuing from its initial achievement in December 2023. A key highlight of this achievement is the significant improvement in Carsome’s Gross Profit Per Unit (GPU), which marks profitability on a per-transaction level, Carsome said in a…

Lianlian DigiTech Publishes 2023 Annual Report:

Total Payment Volume (TPV) Surged by 74% to RMB2 TrillionRevenue Increased Significantly by 38%Adjusted Earning of Core Business was RMB16 Million, with Dramatic Turnaround in Operating Cash Flow HONG KONG, May 8, 2024 /PRNewswire/ -- Lianlian DigiTech Co., Ltd. ("Lianlian DigiTech" or the "Company", HKEX: 2598), a leader in China digital payment solution market and global commerce…

135th Canton Fair Concludes, Setting New Records in Multiple Indicators

GUANGZHOU, China, May 7, 2024 /PRNewswire/ -- The 135th China Import and Export Fair ("Canton Fair" or "the Fair"), which concluded the onsite exhibition on May 5, 2024, in Guangzhou, has set new benchmarks in its history, with the online platform continuing its regular operation.  The Fair was attended by 246,000 overseas buyers from 215 countries and regions, a record-breaking 24.5% increase…

Quhuo Advances Global Strategy, Expanding On-Demand Delivery Services to International Markets

BEIJING, May 7, 2024 /PRNewswire/ -- In recent years, for various reasons, many Chinese concept stocks have been consistently undervalued in overseas capital markets. However, some Chinese e-commerce companies have gone against the current with their professional capabilities in global markets, gaining widespread recognition and showcasing the immense potential for the internationalization of…