Revenue of Konka Group down 39.7% YoY in 2022

Konka Group posted revenue of 29.608 billion Yuan, down 39.7% YoY, net loss of 1.77 billion Yuan, down 319.43% YoY, according to Financial Report 2022 released by Konka Group on March 27, 2023.

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JD.com Announces Fourth Quarter and Full Year 2022 Results and Dividend

JD.com, Inc., a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months and the full year ended December 31, 2022 and dividend for the year ended December 31, 2022.

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Philips Domestic Appliances becomes Versuni

​Philips Domestic Appliances has announced the change of its company name to Versuni. The new name is the next step after the Domestic Appliances business became independent in September 2021. Although the visual identity of the company is changing, its mission to turn houses into homes remains...

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Guangdong Xinbao Electrical Appliances completed the acquisition of Morphy Richards Appliances Ltd

Guangdong Xinbao Electrical Appliances Holdings Co., Ltd. completed the acquisition of Morphy Richards Appliances Ltd from Glen Electric Ltd., according to an announcement made by Xinbao Electrical Appliances on March 14, 2023.

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Midea Building Technologies to launch smart building alliance

Midea Building Technologies, a business division of Chinese home appliances maker Midea Group, has announced it will launch a smart building industry ecological alliance with relevant partners, aiming to accelerate digital, smart and low-carbon development of the building industry.

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