Asia - Spark Newswire

5 minute read

Asia
Markets

In Search of Profits, Q&A Site Zhihu Finds New Answer in Vocational Education

Today, 8:46 PM

Key Takeaways: Zhihu’s revenue grew 55.4% in the first quarter, but its adjusted net loss grew by an even bigger 89.8% Company’s vocational education services could be a major new growth engine, as China encourages private sector investment in the area By Christina Meng

BABA

5 minute read

ATRenew Starts the Year Off Strong, Braces for Covid Impact

By The Bamboo Works

Today, 8:46 PM

Key Takeaways: ATRenew‘s revenue rose 45.7% in the first quarter to 2.2 billion yuan as both product and service revenues recorded strong gains Company could benefit over the longer term from the rollout of China’s first guidelines for used electronics refurbishment by the city of Shenzhen in April

CVNA

2 minute read

Why Alibaba, Nio, Chinese Peers Are Struggling For Direction In Hong Kong Today

By Navdeep Yadav

Today, 8:46 PM

Shares of U.S.-listed Chinese companies were nearly flat in Hong Kong on Tuesday morning.

BABA

2 minute read

‘Paytm IPO Was All Hype:’ Business Coach Who Went Viral Sees ‘Massive Correction’ For Startups

By Navdeep Yadav

Today, 8:46 PM

India's startup ecosystem is in for a "major correction" and Paytm's IPO was "massive hype," according to a business coach and entrepreneur who went viral recently for his candid comments on the digital payments firm.

BABA

1 minute read

When Will Tesla Likely Drive Into India? Elon Musk Has This Reply

By Shanthi Rexaline

Today, 8:46 PM

Tesla, Inc.'s (NASDAQ: TSLA) India plans did not quite materialize in the way the company's outspoken chief executive officer Elon Musk may have hoped.

TSLA

2 minute read

Cathie Wood-Backed Chinese EV Maker Xpeng Reportedly Sees Executive Departures

By Shanthi Rexaline

Today, 8:46 PM

Xpeng Inc - ADR's (NASDAQ: XPEV) international expansion plans that were proceeding at a fairly rapid pace could face a setback if reports are to be believed.

6 minute read

So, Who Is Going To Win The Chinese Lockdown Story? We’ve Both UK And US Evidence To Look At

By Tim Worstall

Today, 8:46 PM

Coronavirus has affected different countries at different times, different variants flowing through populations and so on. Different government have taken different approaches as well. We though are interested in the Jerry Maguire point: "Show me the money".

RERE

1 minute read

Is Chinese EV Maker Nio Planning To Manufacture In US?

By Shanthi Rexaline

Today, 8:46 PM

Nio, Inc. (NYSE: NIO) is reportedly planning to build its vehicles in the U.S., the CnEVPost reported, citing an exclusive report from Shanghai-based Chinese media outlet Yicai.

NIO

2 minute read

Why Alibaba, Nio, Chinese Peers Are Surging In Hong Kong Today

By Navdeep Yadav

Today, 8:46 PM

Shares of U.S.-listed Chinese companies rallied in Hong Kong on Friday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Tencent Ho

BABA

2 minute read

Why India’s Crypto Lobby Won’t Legally Challenge Central Bank’s Curbs On UPI

By Navdeep Yadav

Today, 8:46 PM

Internet & Mobile Association of India (IMAI), a body representing the interests of Indian crypto investors, said that it has no plans to file a legal challenge against the Indian central bank after it restricted the use of UPI for crypto exchanges.

$DOGE