Affected by the spin-off and the impact of joining hands with Hui! EAST BUY disclosed losses, while self-operated and e-commerce Business grew steadily.

①The latest Earnings Reports show that EAST BUY achieved revenue of 2.187 billion yuan, a year-on-year decline of 21.75%; the Net income attributable to the company's owners reported a loss of 96.799 million yuan. However, after excluding the expenses related to the separation of 'Travel with Glory', its e-commerce and self-operated Business remained profitable. ②After Dong Yuhui's departure, EAST BUY has achieved a steady transition, but it is still difficult to find new breakthroughs in the self-operated and live broadcast Operation model.

cls.cnJan 22 09:29 ET

The three major A-share indexes showed mixed results, with the micro-index leading the decline, Hong Kong stocks fell, and the Hang Seng Tech Index dropped by more than 2%.

Hong Kong stocks fell, with the Hang Seng Index down 1.93% and the Hang Seng TECH Index down 2.04%. EAST BUY fell nearly 5%, and BYD Electronics dropped over 4%. Oil & Gas stocks opened with a significant rise, with Xinjiang Zhundong Petroleum Technology hitting the limit up, while Sino Geophysical, Tong Petrotech Corp., XinJiang Beiken Energy Engineering, and Zhongman Petroleum And Natural Gas Group Corp.,Ltd. all opened high.

wallstreetcnJan 12 20:55 ET

Is the surge of digital force at the BSE a sign that the gaming industry will finally break the ice for listings?

The biggest customer is Tencent.

wallstreetcnJan 11 23:01 ET

Taobao and EAST BUY have joined in, starting a "gift-giving" battle in e-commerce.

① Analysts have pointed out that the demand for gifting is indeed a real market driving force, which can effectively translate into sales momentum, promoting the explosion of e-commerce node activities. ② Three Squirrels Inc. disclosed that during the gray testing phase of WeChat shops and while users were exploring usage patterns, the number of Orders exceeded 0.01 million, with gifting Orders and sales amount accounting for 3-5%.

cls.cnJan 8 06:45 ET

In December, both domestic and imported game licenses were released! A total of 1416 licenses have been issued this year, the highest in the past five years.

① A total of 122 domestic games and 13 imported new games were approved today, marking the third consecutive month of simultaneous issuance of domestic and imported game licenses. Major games from Tencent and NetEase received approvals, along with several other publicly listed game companies also achieving gains. ② As of the time of writing, 1,416 new games have obtained licenses this year, the highest total in nearly five years.

cls.cnDec 24, 2024 07:19 ET

The gaming industry will welcome two major conferences! Representatives from dozens of gaming companies will share the stage to discuss topics such as 2D, AI, overseas expansion, and casual games.

As the year-end approaches, the Beijing Shougang International Exhibition Center will host two major annual events in the gaming industry: the 2024 China eSports Industry Annual Conference will be held on December 10-11; the 2024 China Game Industry Annual Conference will take place on December 12-13. Representatives from listed gaming companies including Tencent, netease, 37 interactive entertainment network technology group, special treat Huatuo, and kingnet network will attend and will share insights on topics such as eSports, game AI, and overseas expansion.

cls.cnDec 8, 2024 07:35 ET