by Leanne Wang | Jan 12, 2022 | Real Estate, Financials / Deals
Fangdd Network Group Ltd. (DUO), a Chinese online real estate marketplace, may be forced to delist from Nasdaq as the company’s ADS closed below $1 per share for 30 consecutive business days, according to the company’s filing on Jan. 7. In the filing, FangDD...
by Leanne Wang | Dec 18, 2021 | Automotive, Financials / Deals
Uxin, a nationwide online used car dealer in China, recorded a more than tripled revenue growth and continuously narrowing net loss in the second quarter of the fiscal year 2022, thanks to the increase in transaction volume. This article is locked. Please email...
by Leanne Wang | Dec 18, 2021 | Recruitment, HRTech, Financials / Deals
51job, Inc. (JOBS), an online integrated human resource service provider in China, reported its revenue increased 19.3% year on year in the third quarter of 2021, thanks to the improved hiring demand in China. However, its net income continued to decline to just $7.24...
by Leanne Wang | Dec 13, 2021 | Real Estate, Financials / Deals
Property developer Sunac China Holdings (1918. HK) disposed of 26.7 million shares in China-based property marketplace and brokerage business KE Holdings Inc. (also known as “Beike”, NYSE: BEKE) for $530 million in total from 29 October to 7 December. This article is...
by Leanne Wang | Dec 2, 2021 | Automotive, Financials / Deals
Uxin Limited (NASDAQ: UXIN), an online used car dealer in China, announced on 1 December that it will be included in the MSCI Global Small Cap Index – China Index, effective after the U.S. market close on November 30, 2021. Uxin’s management regards the MSCI...
