Giant
Low-cost e-commerce giant PDD Holdings beats quarterly revenue estimates
LOW-cost e-commerce giant PDD Holdings beat Wall Street estimates for fourth-quarter revenue on Wednesday (Mar 20), driven by robust user growth and sales on its global platform Temu. US-listed...
Mstar Holdings: The Rising Giant in Global Billion-Dollar Markets
Under the visionary leadership of founder and president Jakapun Viwatkurkul and vice president Pasit Viwatkurkul, a father-and-son duo, Mstar Holdings has emerged as a powerful new player in real...
China water giant Nongfu Spring’s stock falls on boycott calls
CHINESE beverage giant Nongfu Spring is the latest major brand to come under fire from the mainland’s online army of nationalist citizens, underscoring challenges for domestic firms navigating an...
Chemicals giant Bayer rules out break-up ‘for now’ after huge loss
GERMAN chemicals giant Bayer vowed on Tuesday (Mar 5) to “urgently” address key challenges after plunging deep into the red in 2023, weighed down by woes related to its...
Chinese battery giant CATL looks to set up R&D centres in Hong Kong to underpin technology exports
CHINESE battery giant CATL is in discussions to set up research and development centres in Hong Kong to create new technologies that can be licenced abroad and within the...
Chinese insurers warn of debt risks at property giant Vanke
SOME of China’s largest insurers are sounding an alarm over the debt risks of China Vanke, according to people familiar with the matter, as shares and bonds of the...
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
ALIBABA-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more streamlined and agile structure”, acting chief executive officer James Dong said on Tuesday (Feb...
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
ALIBABA-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more streamlined and agile structure”, acting chief executive officer James Dong said on Tuesday (Feb...
