Rmb – 2020-05-20 – Easy News

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Baidu Says Quarterly Total Revenue Fell To 22.55 Billion Yuan
CML News
Qtrly Total Revenues Reached Rmb 22.5 Billion ($3.18 Billion), Decreasing 7% Year Over Year. Qtrly Online Marketing Revenues Were Rmb 14.2 …

Global AI, Bio-Health, and 5G Innovation Competition Launched by HICOOL in Beijing
Odessa American
100 entrants will be chosen to share in RMB 80 million (USD $11M) of cash prizes, and RMB 1 billion (USD $140M) in VC investment funds.

WeChat Releases New Report on the QR Code Economy’s Fight Against COVID-19
PR Newswire UK (press release)
The scale of the QR Code Economy driven by WeChat in 2019 reached RMB 8.58 trillion, which generated 29.63 million employment opportunities in …

Niu Technologies (NIU) Reports Q1 Loss of $0.05 on Revenues of $7.76M
StreetInsider.com
Revenues were RMB 232.9 million, a decrease of 34.4% year over year; Gross margin was 23.6%, compared with 21.3% in the first quarter of last year …

So-Young Posts Adj. Loss In Q1 – Quick Facts
Nasdaq
First quarter total revenues were RMB 182.6 million, a decrease of 11% from last year. The company said the decline was primarily due to the outbreak …

Baidu Announces First Quarter 2020 Results
WFMZ Allentown
Other revenues were RMB 8.3 billion ($1.17 billion), increasing 28% year over year, driven mainly by the strong growth in iQIYI membership, cloud …

Chinese VC Glory Ventures closes third RMB fund at $96m, holds USD fund’s first close
DealStreetAsia
Fundraising for the oversubscribed RMB fund took around one year, Glory Ventures announced in a WeChat post on Tuesday. The firm’s second USD …

Four Seasons Education (Cayman) Says Q4 Revenue Rose 9.8% To RMB 71.1 Mln
CML News
Sees Q1 Revenue Rmb 55.7 Million to Rmb 60 Million. Qtrly Adjusted Basic and Diluted Net Loss per Ads Were Both Rmb0.07. Four Seasons Education …

Bilibili Posts Q1 RMB 2.316 Bln
CML News
Q1 Revenue Rmb 2.316 Billion Versus Refinitiv Ibes Estimate of Rmb 2.19 Billion. Q1 Average Monthly Paying Users Reached 13.4 Million, a 134% …

Niu Technologies Announces First Quarter 2020 Financial Results
GlobeNewswire (press release)
Revenues were RMB 232.9 million, a decrease of 34.4% year over year, due to lower sales volume of 39.4%, partially offset by increased revenues …

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