Author：Salad dressing Compile：Azure Source：GPLP On June 4, Adidas (ADDDY.US) announced the latest business recovery news. It is reported that Adidas has restored its self-operated stores and dealer stores in China since mid-April. At the same time, the growth of e-commerce business and the growth of conversion rate have offset the negative impact of store visitors’ Read more about Adidas’ brilliance and sadness: Business in China has resumed, but US stores are closed[…]

Author：Qing Yuan Compile：value Source: GPLP On June 3, people were refreshed by the news that Wuling Started to sell Pickups, a vending machine, which is the equipment for the street-stall economy. On May 14, Wuling Motors (00305.HK) announced a release that “It is expected to record a net loss of about RMB 166,615,000 for the Read more about Behind the Refresh that Wuling Motors Selling Pickups：Why did Wuling Motors Turn from Profit to Loss in 2019[…]

Author:Sunny Compile: Hanlu Source: GPLP On May 13, Dada Group submitted a prospectus to the American Stock Exchange (SEC), planning to list on the Nasdaq with “DADA” as the trading symbol, and tentatively raised 100 million dollars in IPO funds. Founded in 2014, Dada Group is a local instant retail and distribution platform that has Read more about After the shares held by JD and Walmart but lost 5 billion yuan, Dada Group chose to land on the US stock market at this time[…]

Author：Small sun Compile：Azure Source：GPLP May 28, LAIX Inc.(LAIX.NYSE) released its first fiscal quarter report for 2020, claiming net income of 228 million yuan, a year-on-year decrease of 9.88%; a net loss of 197 million yuan, an increase of 192.85% year-on-year. Regarding the decline in revenue and the expansion of losses, LAIX Inc. said that this Read more about LAIX Inc.’s secret of unprofitability: marketing costs directly catch up with revenue,huge sums of money to get users instead leading to decrease[…]

Author: Little Sun Compile:Xia Xiaodou Source:GPLP On May 26, Asics announced its first quarter 2020 financial report (in the three months ended March 31, 2020), saying that it achieved net sales of 85.3 billion yen (about 793.4 million US dollars), A year-on-year decrease of 13.5%; operating loss was 882 million yen (approximately US $ 8.2 Read more about Can’t take advantages of the Olympic Games Japanese sports brand Asics lost 882 million yen in the first quarter[…]

Author：Little sun Compile：Azure Source：GPLP On May 24, Roger&Gallet notified members in a text message: Roger&Gallet ‘s Tmall flagship store will be officially closed on June 30. At the same time, Roger&Gallet also issued a closing announcement at the Tmall flagship store. And this also means that, to a large extent, Roger&Gallet will withdraw from the Read more about L’Oréal can’t save Roger&Gallet that fails to take a foothold in the Chinese market[…]

Author:Xia Xiaodou Compile: Hanlu Source: GPLP In order to stimulate consumption in the car market, many car brands have offered discount activities, and Cadillac CT5 has also done so. Dealers in Beijing and other cities recently offered cash discounts of up to 70,000 yuan for Cadillac’s CT5 series, according to media reports. And this isn’t Read more about Why is Cadillac CT5 not popular? Half-year sales on the market are not comparable to the old model XT4[…]

Author: Azure Compile: value Source: GPLP The Performance Growth is Synchronized with the Debt Level of Gang Long Group. Following the invalidation of the first prospectus on April 22, Gang Long Group Co., Ltd. (hereinafter referred to as “Gang Long Group”) submitted the prospectus to the Hong Kong Exchanges and Clearing Limited (HKEX) on May Read more about Gang Long Group Re-IPO: the Asset-liability Ratio is as High as 287%, Three Times Higher than the Industry Average[…]

Author: Xing Tao Compile: Xia Xiaodou Source: GPLP Recently, Jia Mingdi, general manager of SAIC Volkswagen Sales Co., Ltd., in a media interview, responded positively for the first time to questions about the results of the Passat C-IASI test at the end of 2019.Jia Mingdi said that the proportion of 25% offset collisions accounted for Read more about SAIC Volkswagen executives responded to Passat ’s “crash door” for the first time saying that 25% of the offset collisions were amplified[…]