We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
HANGZHOU, China, Nov. 13, 2019 /PRNewswire/ -- BEST Inc. (BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that the board of directors of the Company has authorized a share repurchase program whereby BEST may repurchase up to US$100 million worth of its outstanding American depositary shares ("ADSs") from time to time during the next 18 months. Mr. Johnny Chou, Chairman and Chief Executive Officer of BEST, commented, "This share repurchase program demonstrates our confidence in BEST's long-term business prospect and ability to deliver sustainable growth and solid operating fundamentals.
Anyone researching BEST Inc. (NYSE:BEST) might want to consider the historical volatility of the share price...
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced the Company's plans to create over 40,000 jobs in China and Southeast Asia this year to meet current and anticipated demand recovery in supply chain and logistics services after the novel coronavirus (COVID-19) outbreak, and to effectively adapt to the continuously growing e-commerce industry.
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it has signed a definitive agreement with Alibaba.com Hong Kong Limited (the "Investor"), an entity affiliated with Alibaba Group Holding Limited ("Alibaba Group"), one of the Company's principal shareholders, pursuant to which the Company will issue and sell convertible senior notes due 2025 (the "Notes") in an aggregate principal amount of US$150 million to the Investor (the "Notes Transaction"). The Company and Alibaba Group expect to close the Notes Transaction on or about June 4, 2020, subject to the satisfaction of customary closing conditions.
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Last week saw the newest full-year earnings release from BEST Inc. (NYSE:BEST), an important milestone in the...
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, held the annual franchisee conference for its BEST Express business yesterday in Zhuhai, Guangdong Province, China.
Board authorizes US$100 million share repurchase program HANGZHOU, China , Nov. 13, 2019 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart ...
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission ("SEC") on April 17, 2020. The annual report can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http://ir.best-inc.com.
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today released its second environmental, social and governance (ESG) report, which discusses the Company's ESG initiatives and progress toward its ESG goals in 2019, as well as its recent global relief efforts during the outbreak of COVID-19.
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2020, after the U.S. market closes on Wednesday, May 27, 2020.
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced its unaudited financial results for the quarter ended March 31, 2020. The Company's results were adversely impacted by operational disruptions caused by the COVID-19 pandemic.
BEST Inc. (NYSE:BEST), which is in the logistics business, and is based in China, saw significant share price movement...
HANGZHOU, China , Nov. 18, 2019 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in ...
HANGZHOU, China , Nov. 13, 2019 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in ...
With us today are Johnny Chou, BEST Inc.'s chairman and CEO; and Jenny Pan, principal accounting officer. As the pandemic changes the behaviors of businesses and consumers, the Store+ model is becoming essential as businesses go online for procurement and consumers rely on it for last-mile services.
NEW YORK, NY / ACCESSWIRE / May 27, 2020 / BEST, Inc. (NYSE:BEST) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 27, 2020 at 9:00 PM Eastern Time. ...
BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading global smart supply chain and logistics solutions and services provider in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019 before the U.S. market opens on Thursday, March 12, 2020. The Company will hold a conference call to discuss the financial results at 7:30am U.S. Eastern Time (7:30pm Beijing Time) the same day.