Bottom line: Shares of recently listed loss-making Chinese tech firms like Mogu are likely to languish as long as they post losses, but could gain some new life if and when they can show sustained profits. “Show me the profits.” That seems to be the message coming from Wall Street these days to a group […]
The post INTERNET: Mogu, China Techs Learn Importance of Profits appeared first on Business China : news for investors in China.
Bottom line: China’s telcos won’t accelerate their 5G network building even if licenses are issued earlier than expected this year, though foreign equipment suppliers could benefit if Huawei is hobbled by the US-China trade wars. What a difference a decade makes. That’s about how long has passed between China’s issuing of 3G wireless licenses and […]
The post TELECOMS: China Hits 5G Accelerator, But Will Telcos Bite? appeared first on Business China : news for investors in China.
Bottom line: The US decision to force a sale of gay dating app Grindr by its Chinese owner reflects a new environment where Washington is almost certain to veto China purchases of local firms with access to sensitive user information. A new report on the unhinging of a Chinese purchase of US gay dating app […]
The post INTERNET: Grindr Case Bodes Poorly for China Tech in US appeared first on Business China : news for investors in China.
Bottom line: Baidu’s first-ever loss since going public reflects a long-anticipated decline for its core search business, which could mark the start of a longer-term decline due to lack of a strong new business lines. It seems that profits are increasingly hard to come by these days on China’s Internet. That’s the major takeaway coming […]
The post INTERNET: Loss Shakes Baidu to the Core appeared first on Business China : news for investors in China.
Bottom line: Meituan’s opening of its delivery unit to more customers looks smart but will require execution to succeed, while shares of money-losing Starbucks challenger Luckin will move steadily downward in the months after its super-sized IPO. A couple of money-losers are in the headlines these last few days, casting a spotlight on how profits […]
The post INTERNET: Money Losers Meituan, Luckin Search for Profits appeared first on Business China : news for investors in China.
Bottom line: Live streaming gamer DouYu should get relatively strong demand for its $500 million New York IPO, while a smaller listing plan by younger coffee specialist Luckin is likely to die on the vine. One of the longest runs I can recall for New York IPOs by Chinese firms continues to chug ahead, with […]
The post IPOs: Money-Burners DouYu, Luckin Look to Wall Street for Cash appeared first on Business China : news for investors in China.
INTERNET: Mogu, China Techs Learn Importance of Profits
Bottom line: Shares of recently listed loss-making Chinese tech firms like Mogu are likely to languish as long as they post losses, but could gain some new life if and when they can show sustained profits. “Show me the profits.” That seems to be the message coming from Wall Street these days to a group […] The post INTERNET: Mogu, China Techs Learn Importance of Profits appeared first on Business China : news for investors in China.
TELECOMS: China Hits 5G Accelerator, But Will Telcos Bite?
Bottom line: China’s telcos won’t accelerate their 5G network building even if licenses are issued earlier than expected this year, though foreign equipment suppliers could benefit if Huawei is hobbled by the US-China trade wars. What a difference a decade makes. That’s about how long has passed between China’s issuing of 3G wireless licenses and […] The post TELECOMS: China Hits 5G Accelerator, But Will Telcos Bite? appeared first on Business China : news for investors in China.
INTERNET: Grindr Case Bodes Poorly for China Tech in US
Bottom line: The US decision to force a sale of gay dating app Grindr by its Chinese owner reflects a new environment where Washington is almost certain to veto China purchases of local firms with access to sensitive user information. A new report on the unhinging of a Chinese purchase of US gay dating app […] The post INTERNET: Grindr Case Bodes Poorly for China Tech in US appeared first on Business China : news for investors in China.
INTERNET: Loss Shakes Baidu to the Core
Bottom line: Baidu’s first-ever loss since going public reflects a long-anticipated decline for its core search business, which could mark the start of a longer-term decline due to lack of a strong new business lines. It seems that profits are increasingly hard to come by these days on China’s Internet. That’s the major takeaway coming […] The post INTERNET: Loss Shakes Baidu to the Core appeared first on Business China : news for investors in China.
INTERNET: Money Losers Meituan, Luckin Search for Profits
Bottom line: Meituan’s opening of its delivery unit to more customers looks smart but will require execution to succeed, while shares of money-losing Starbucks challenger Luckin will move steadily downward in the months after its super-sized IPO. A couple of money-losers are in the headlines these last few days, casting a spotlight on how profits […] The post INTERNET: Money Losers Meituan, Luckin Search for Profits appeared first on Business China : news for investors in China.
IPOs: Money-Burners DouYu, Luckin Look to Wall Street for Cash
Bottom line: Live streaming gamer DouYu should get relatively strong demand for its $500 million New York IPO, while a smaller listing plan by younger coffee specialist Luckin is likely to die on the vine. One of the longest runs I can recall for New York IPOs by Chinese firms continues to chug ahead, with […] The post IPOs: Money-Burners DouYu, Luckin Look to Wall Street for Cash appeared first on Business China : news for investors in China.