News for Weimob Inc. (2013.HK)

Aug 21, 2024 / 12:00PM GMTOperator Good evening, ladies and gentlemen. Welcome to the Weimob Inc.'s 2024 interim results conference. A copy of the interim resul

Key Takeaways: OneConnect will shutter its cloud services division, which accounted for nearly half its revenue, after losing most of its customers for the business The development underscores a major risk for Chinese companies that rely too heavily on business from their parent and other related companies By Doug Young

Key Takeaways: Baozun’s revenues rose 5% last year following its acquisition of Gap China, which represented 14% of total annual sales Product sales from the company’s older e-commerce business fell by 21% last year, while e-commerce services revenue also slumped by 5% By Edith Terry

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Aug 15, 2023 / 12:00PM GMTOperator (technical difficulty) reinforce our industrialization strategy. And then in the future, growth will be very sound. Our secon

Aug 15, 2022 / 12:00PM GMTOperator Good evening, ladies and gentleman. Welcome to Weimob Inc. 2022 Interim Results Conference Call. A copy of the interim result

Mar 28, 2022 / 12:00PM GMTOperator Good evening, ladies and gentlemen. Welcome to Weimob Inc.'s 2021 Annual Results Conference Call. A copy of the annual result

Aug 16, 2021 / 12:00PM GMTOperator Good evening, ladies and gentlemen. Welcome to Weimob Inc.'s 2021 Interim Presentation. A copy of the interim results announc

Weimob said the unit being spun off is worth 3.6 billion yuan, but the market values the business at less than half that amount.

Key Takeaways: Kingdee’s revenue rose 17% in the first half of the year, as its net loss narrowed but still remained substantial The software developer is transitioning swiftly into a provider of cloud-based software as a service (SaaS) products, while its legacy ERP business is dwindling By Edith Terry

While the U.S.-China tech wars have proved a headache to many businesses, they have actually benefitted Kingdee by helping it scoop up customers.

Key Takeaways: Weimob emphasized cost savings while also reporting positive operational data for the first quarter, including a 58% increase in gross advertisement billings The e-commerce services provider closely tied to WeChat said it aims to break even in the second half of this year and become profitable in 2024

Weimob emphasized cost savings while also reporting positive operational data for the first quarter, including a 58% increase in gross advertisement billings.

GDS will raise $580 million by selling convertible notes due in seven years, with a conversion price that is just 16.7% above its recent trading levels.

Key Takeaways: GDS will raise $580 million by selling convertible notes due in seven years, with a conversion price that is just 16.7% above its recent trading levels The data center operator will use the money to fund its aggressive expansion in China and Southeast Asia  By Doug Young

Key Takeaways: Weimob plans to raise 1.6 billion yuan by issuing new shares, and will used the funds on a series of growth initiatives aimed at jumpstarting its business Management expects the company to break even in the second half of this year, with revenue growing 20% to 30% for all of 2023 By Trevor Mo

Weimob plans to raise HK$1.6 billion by issuing new shares and will use the funds on a series of growth initiatives aimed at jumpstarting its business. Find out more here.

With the possibility of being forced to delist from the U.S. market by the SEC, Tuya is primarily seeking a safe harbor and only aims to raise a conservative HK$140 million.

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