111, Inc. Announces Third Quarter 2024 Unaudited Financial Results

Maintained Operational Profitability for the Third Consecutive Quarter Operating Expenses as a Percentage of Revenues Decreased 160 Basis Points YoY Held Positive Operating Cash Flow for Three Consecutive Quarters SHANGHAI, Nov. 27, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of…

Not defined by distance: New vitality in the China-Latin America relationship

BEIJING, Nov. 26, 2024 /PRNewswire/ -- A news report by China.org.cn on China-Latin America relationship:  Not defined by distance: New vitality in the China-Latin America relationship In English, people use "from China to Peru" to refer to "from one corner of the world to another". Now, China and Peru have become close neighbors despite the distance. With Chinese…

E-ConomySEA 2024 report: Malaysia’s digital economy to hit $31B in 2024

Malaysia's digital economy is poised to reach $31 billion in gross merchandise value (GMV) in 2024, an increase of 16% from 2023,according to the latest e-Conomy SEA 2024 report by Google, Temasek, and Bain & Company. The trio said in a statement that Malaysia’s digital economy has progressed towards profitability while maintaining double-digit growth for GMV. They noted deeper digital…

Meta, Watsons Hong Kong, Hong Kong Life and OPTICAL 88 unlocked WhatsApp potential with Omnichat

Create end-to-end customer journeys using WhatsApp Flows and ads that click to WhatsApp with Meta to accelerate business growth Redefine customer engagement with Omnichat's WhatsApp membership system and enhance campaign tracking and optimisation through the Conversions API Watsons Hong Kong integrated WhatsApp into the customer journey, from initial product discovery through to final purchase…

Shengfeng Development Limited Reports 107.8% Revenue Increase from China Post Services During 2024 Double 11 Shopping Festival

Revenue grows from $6.7 million to $13.9 million FUZHOU, China, Nov. 25, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ: SFWL), a contract logistics company in China providing customers with integrated logistics solutions, announced today a 107.8% year-over-year increase in revenue generated from China Post Group Corporation during the 2024 Double 11…

Lakeside Strengthens Market Position in China’s Pharmaceutical Logistics with Key Sinopharm(Hubei) Contracts

ITASCA, Ill., Nov. 25, 2024 /PRNewswire/ -- Lakeside Holding Limited ("Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market operating under the brand American Bear Logistics ("ABL"), announces that Hupan Pharmaceutical (Hubei) Co., Ltd. ("Hupan Pharmaceutical"), a company recently acquired by…

Uxin Announces Change of Fiscal Year End

BEIJING, Nov. 25, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN), China's leading used car retailer, today announced that the Company's board of directors approved a change of the Company's fiscal year end from March 31 to December 31 each year. The primary purpose of this change is to streamline the Company's financial…

Global Elite Training of World Internet Conference Digital Academy Begins

WUZHEN, China, Nov. 25, 2024 /PRNewswire/ -- A news report from CRIOnline: On November 21, the launch ceremony for the Global Elite Training of the World Internet Conference Digital Academy was held. This training focuses on frontier trends on the digital economy, and the internet, and global advanced experience in digital transformation and leadership upgrades. During the sessions, authoritative…

Kuaishou Technology to Become Constituent of Hong Kong’s Hang Seng Index

HONG KONG, Nov. 25, 2024 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, is pleased to announce that the Company has been selected and will be included as a constituent stock of the Hang Seng Index (HSI), effective from December 9, 2024, following the results of the…

Global Times: China vows to promote steady growth of foreign trade

BEIJING, Nov. 23, 2024 /PRNewswire/ -- Officials from five Chinese departments including the Ministry of Commerce (MOFCOM), the Ministry of Foreign Affairs and the People's Bank of China vowed to promote the steady growth of foreign trade at a press conference held on Friday in a move experts said is part of a package of policy measures to inject impetus and confidence into stabilizing the…