Mlily
Mlily is the first brand in China to put forward the concept of zero-pressure
Mlily, founded in May, 2003 and headquartered in Rugao, is a mattresses and other household goods manufacturer. The founder is Ni Zhanggen. Listed on the SSE on October 13, 2016, the company's major shareholders are Ni Zhanggen, Wu Xiaofeng and Hongta Securities. Rivals that have direct and indirect competition with Mlily include Mengshen, Airland, Mercury Textile, Mendale, DeRucci, etc.
Chinese E-commerce Giant Pinduoduo Achieves Revenue of CNY 37.64 Bn in Q1 2023, Up 58% YoY
Since this year, Pinduoduo has accelerated its strategic transformation from fast to stable, from speed to quality. Currently, Pinduoduo aims to integrate high-quality development across all domains of platform governance, merchant ecology, high-quality supply chain, and high-quality consumption.
May 29, 2023 11:26 AM
Tech Giant Tencent’s Revenue in Q1 2023 Exceeds CNY 149.99 Bn, and Net Profit Up 27% YoY
On May 17, 2023, Tencent announced its 2023 first quarterly report. In Q1 2023, its advertising business returned to high growth, and its gaming business performed well overseas.
May 18, 2023 03:17 PM
Chinese Tech Giant Baidu’s Revenue in Q1 2023 Exceeds CNY 31.1 Bn, Net Profit Up 48% YoY
On May 16, 2023, Baidu announced its financial results for Q1 2023. Thanks to the improvement of the macroeconomic situation and the enterprise's continuous measures to reduce costs and increase efficiency, Baidu's profitability improved significantly, with a substantial increase of nearly 50% in net profit.
May 18, 2023 02:37 PM
China VC Investment List Q1 2023 - Consumer sector
For consumption sector, we at EqualOcean have identified 20 companies worth watching in Q1 2023. The core criterion is to receive venture capital investments of over USD 10 million on average or the equivalent value in CNY in a single round. When compiling the list, we also considered factors such as growth prospects, brand influences and reputation, as well as planned expansions.
Apr 06, 2023 06:28 PM