Industry News
Hexindai Upgrades Social e-Commerce Platform Xiaobai Maimai
BEIJING, Aug. 13, 2020 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform inChina, today announced that it has launched an upgraded version of its new form of social e-commerce platform Xiaobai Maimai, offering high-quality ...
AirNet Announces Adoption of a Shareholder Rights Plan
BEIJING, Aug. 13, 2020 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia inChina , today announced that its board of directors (the "Board")...
Four Seasons Education to Report First Quarter Fiscal Year 2021 Unaudited Financial Results
SHANGHAI, Aug. 13, 2020 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leadingShanghai based educational company dedicated to providing comprehensive after-school education services with a focus on high-quality math education, toda...
WuXi AppTec Achieved Strong Growth in First-Half of 2020 with China Sites Resuming Full Operations
WuXi AppTec Second-Quarter 2020 Results Revenue Up 29.4% YoY to RMB4,044 Million Net Profit Attributable to Owners of the Company Up 111.0% YoY to RMB1,414 Million Diluted EPS Up 110.3% YoY to RMB0.61 Adjusted Non-IFRS Net Profit Attributable to Owners of the Company Up 43.1% YoY toRMB942 Million...
Yunnan Engineering Research Center of Smart Tourism Inaugurated
KUNMING, China, Aug. 13, 2020 /PRNewswire/ -- On August 6, Yunnan Engineering Research Center of Smart Tourism (hereinafter referred to as "the Center") is inaugurated simultaneously at Yunnan Tengyun Information Co., Ltd. andYunnan University. At the inaugural ceremony, the Center releases its r...
Youdao Reports Second Quarter 2020 Unaudited Financial Results
HANGZHOU, China, Aug. 13, 2020 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading intelligent learning company inChina, today announced its unaudited financial results for the second quarter endedJune 30, 2020. Second Quarter 2020 Financial Highlights * Total net ...
NetEase Announces Second Quarter 2020 Unaudited Financial Results
BEIJING, Aug. 13, 2020 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one ofChina's leading internet and online game services providers, today announced its unaudited financial results for the second quarter endedJune 30, 2020. Second Quarter 2020 Financ...
EG Group Rolls Out Reflexis Solutions to 1000+ Employees in Australia
Adoption of Reflexis Real-Time Task Manager, Q-Walk and Mobility solutions will drive simplification of store operations. DEDHAM, Massachusetts and LONDON, Aug. 13, 2020 /PRNewswire/ -- Reflexis Systems, the leading provider of intelligent workforce management and execution solutions for multi-s...
Terminus Group will headquarter in Dubai in ME to deliver its AI City vision
BEIJING, Aug. 13, 2020 /PRNewswire/ -- On July 2, Expo 2020 Dubai announced its 12th official premier partner: Terminus Group. Simultaneously, Terminus Group made a decision to establish its first overseas headquarter and R&D centre in District 2020, a venue that the Expo area will be transformed...
Market Share Expanded to 21.5% Volume Grew 47.9% to 4.6 Billion Parcels
Adjusted Net Income Reached RMB 1.45 Billion ZTO Reports Second Quarter 2020 Unaudited Financial Results SHANGHAI, Aug. 12, 2020 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO) , a leading and fast-growing express delivery company inChina ("ZTO" or the "Company"), today announced its unau...
Scienjoy Holding Corporation Signs Agreement to Acquire BeeLive and Expand Its Global Footprint
BEIJING, Aug 12, 2020 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "We") (NASDAQ: SJ), a leading live entertainment mobile streaming platform inChina today announced that it has entered into an Equity Acquisition Framework Agreement (the "Agreement") onAugust 10, 20...
Industrial AI Solutions Startup MakinaRocks raises $10M in Series A
SEOUL, South Korea and SILICON VALLEY, Calif., Aug. 12, 2020 /PRNewswire/ -- MakinaRocks, an industrial AI solutions startup aiming to revolutionize the world of manufacturing, announced today that it has successfully raised$10 million in Series A funding from prestigious global investors. Makin...
TTI Delivers Exceptional First Half Results
HONG KONG, Aug. 12, 2020 /PRNewswire/ -- Financial Highlights 2020* US$ million 2019* US$ million Changes % Revenue 4,206 3,728 +12.8 Gross profit margin 38.0% 37.6% +40 bps EBIT 363 314 +15.6 Profit attributable to Owners of the Company 332 285 +16.3 EPS (US cents) 18...
Color Star Technology Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
NEW YORK, Aug. 12, 2020 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company"," we", or "HHT") announces that onAugust 10, 2020, the Company received a letter from Nasdaq notifying the Company that it had regained compliance with Nasdaq Listing Rules 5550(a)(2), as the C...
Xinyuan Real Estate Co., Ltd. Announces Issuance of RMB354.5 million of 12% Senior Notes Due 2022
BEIJING, Aug. 12, 2020 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager operating primarily inChina and also in other countries, today announced the completion of its additional offering ofRMB354.5 mi...
Unbxd announces game-changing 5-minute AI-powered search and product discovery setup tool for online retailers
SAN MATEO, California, Aug. 12, 2020 /PRNewswire/ -- Unbxd Inc., a leading provider of AI-based Commerce Search and Product Discovery solutions, announced its new5-minute AI activation tool for online commerce businesses. With this new feature, online commerce sites across verticals will be able...
LightInTheBox Holding Co., Ltd. to Report Second Quarter 2020 Financial Results on Wednesday, August 19, 2020
BEIJING, Aug. 12, 2020 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce company that delivers products directly to consumers around the world, today announced that it will release its unaudited financial results for the sec...
China Yuchai International Announces Unaudited Second Quarter 2020 Financial Results
SINGAPORE, Aug. 12, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("...
Bitauto to Report Second Quarter 2020 Unaudited Financial Results on August 24, 2020
BEIJING, Aug. 12, 2020 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services forChina's automotive industry, today announced that it will report its unaudited financial results for ...
Tarena International, Inc. Announces Unaudited First Half Fiscal Year 2020 Results
BEIJING, Aug. 12, 2020 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of professional education and K-12 education services inChina, today announced its unaudited financial results for the six months endedJune 30, 2020. First Half Fiscal...
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