Alibaba-Backed Takeout Platform Ele.me Adds Suning’s Electronics Stores

Ele.me and Suning.Com have agreed a partnership by which Suning will become the first large retailer in the computer, communication, and consumer products field to include its stores on the Alibaba-backed takeout platform.

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Hisense sees automotive electronics as a second curve

Hisense has been on a transition to diversify its B2B business and regards automotive electronics as one of its second curves after it acquired Japan’s automotive air-conditioning manufacturer Sanden two years ago, stated Jia Shaoqian, chair of the board and President of Hisense Group. He unveiled ...

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Net profit of Haier Smart Home up 12.6% YoY for Q1 2023

Haier Smart Home posted revenue of 65.066 billion Yuan for Q1 2023, up 8% YoY, net profit attributable to shareholders of the parent company 3.971 billion Yuan, up 12.6% YoY, and net profit attributable to shareholders of the parent company after the deduction of non-recurring gains and losses 3.7...

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Net profit of Midea up 3.43% YoY in 2022

Midea Group posted revenue of 345.7 billion Yuan for year 2022, up 0.68% YoY, and net profit attributable to shareholders of the parent company 29.6 billion Yuan, up 3.43% YoY, of which revenue from HAVC business 150.6 billion Yuan, up 6.17% YoY, accounting for 43.8% of the total revenue; consumer...

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Revenue of Gree Electric Appliances reached 190.2 billion Yuan in 2022

Gree Electric Appliances posted revenue of 190.151 billion Yuan for year 2022, up 0.26% YoY, and net profit attributable to shareholders of the parent company 24.507 billion Yuan, up 6.26% YoY, of which revenue from air conditioner business up 2.39% YoY to 134.859 billion Yuan, contributing to 32.44...

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