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Financial

Financial Archives

JD beats revenue estimates but CEO cautious over Covid outbreaks

JD CEO Xu Lei told analysts on a post-earnings call on Tuesday that the situation was far different to what China experi...

China retail sales decline worst in two years

Sales of goods plummeted by 9.7 per cent year on year, while the catering sector saw a 22.7 per cent drop in sales as di...

Zilingo on the brink as loan recalled, financial advisor appointed

Fashion technology startup Zilingo's debtholders have decided to recall their entire loan, leading the Singapore-based c...

India’s Reliance to buy dozens of brands in $6.5bn consumer goods play

Reliance plans to build a portfolio of 50 to 60 grocery, household and personal care brands within six months and is hir...

Kimly Group saw strong growth in the first half-year

“We are heartened that our newly acquired business, Tenderfresh Group in October 2021 is performing well and started to ...