Dingdong to Report Second Quarter 2023 Financial Results on September 1, 2023

SHANGHAI, Aug. 17, 2023 /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 that it will report its unaudited financial results for the second quarter ended June 30, 2023, before U.S. markets open on September 1, 2023. The Company will hold an earnings…

Yiren Digital Reports Second Quarter 2023 Financial Results

BEIJING, Aug. 17, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-driven one-stop select financial and lifestyle services platform in China, today announced its unaudited financial results for the quarter ended June 30, 2023. Second Quarter 2023 Operational Highlights Insurance Brokerage Business Cumulative number of insurance clients served…

Gucci and JD.com Announce Digital Partnership and Launch of Official Gucci Flagship Store

BEIJING, Aug. 17, 2023 /PRNewswire/ -- Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader's platform. This marks the first time the Italian luxury brand will bring its unique fashion authority and 102-year-old legacy of Italian craftsmanship to the JD.com community. Users…

Gucci and JD.com Announce Digital Partnership and Launch of Official Gucci Flagship Store

Singapore’s SEA reports higher revenue and profit in the second quarter

Singapore-based tech conglomerate Sea Limited has reported higher revenue and profit in the second quarter, underpinned by improved e-commerce businesses. The group said in a statement on Tuesday that its total revenue for the second quarter rose 5.2 percent year on year to $3.1 billion. Meanwhile, its total gross profit for the quarter jumped 33.1 percent year on year to $1.5 billion.…

Indonesia’s GoTo narrows losses in second quarter, closer to profitability

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has reported losses in the second quarter and it is on track for profitability. GoTo said in a statement on Tuesday that the firm's adjusted losses before interest, taxes, depreciation, and amortization narrowed to 1.2 trillion rupiah ($78.25 million) in the second quarter, driven by improved monetization and…

Atome renews $100M debt facility with HSBC Singapore for Philippine market expansion

Singapore FinTech firm Atome Financial has on Wednesday announced it has renewed and expanded its $100 million debt facility with HSBC Singapore to include the Philippines market, as well as support new consumer financing products. “We’re excited to have the renewed support of HSBC, especially as it now includes the Philippines, a key strategic market for us in providing unbanked and…