Secoo Holding Limited - ADR (SECO) Social Stream



Secoo Holding Limited - ADR (SECO): $0.28

0.01 (+3.63%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Add SECO to Watchlist
Sign Up

Industry: China


Ranked

of 76

in industry

Featured Post From StockTwits About SECO

$SECO According to the Hong Kong site mindotcom, Qudian's luxury e-commerce platform Wanlimu (or Wan Limu) is quietly abandoned by its mother company after it failed to compete with its well established peers.
$QD also tried to transform Wanlimu to an education project, named "Wanlimu Children's Education Project" , but the new Edu regulations are catalytic for an attempt in this sector.

"2021/08/09 14:11:17 HKT
In March 2020, Qudian announced the launch of a cross-border luxury e-commerce project called Wanlimu. At that time, Qudian quickly and high-profile layout new business, and heavily hired celebrity endorsements to expand the market, but after the market response was flat, Qudian once again directly abandoned projects that could not make quick profits."

So, for QD now the only investment in on/off line luxury commerce is SECO. Will they try to increase their stake or acquire it? Will they do that after the privatization?
Investor6, published August 9, 2021

Loading social stream, please wait...


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.5528 seconds.