Day: November 28, 2020

Dada Group, Lianhua Supermarket expand strategic partnership

Shanghai, China, Nov. 28, 2020 (GLOBE NEWSWIRE) — Dada Group (Nasdaq: DADA), China’s leading local on-demand delivery and retail platform, and Lianhua Supermarket Holdings Co., Ltd. (00980.HK), the country’s major chain retail operator with a full range of retail segments, announced that they have expanded their strategic partnership, with a focus on omni-channel fulfillment, product management and marketing. To commemorate this milestone, Philip Kuai, Founder, Chairman and CEO of Dada Group; and Tao Xu, General Manager of Lianhua Supermarket; signed a new partnership agreement at a ceremony in Shanghai.As a 30-year-old State-owned retail enterprise, Lianhua Supermarket and its subsidiaries operate more than 3,400 outlets including hypermarkets, supermarkets and convenience stores across the nation. It is hoped that through the...

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Brooke Capital Limited: Dow marked 30k level leading market higher after Trump admit defeat

Major Indices has rose twice this week with investors cheering after reports that current President Trump has lay down the tramp and accepts Joe Biden’s winning the Presidency. Sentiments over the positive progress of the coronavirus vaccine has also put the Dow into a new record high above 30,000. Even S&P 500 and Nasdaq has regained some of their dreadful losses from last week and gained 1.62% and 1.31%, respectively. Treasuries, crude and Dollar all ended up higher but precious minerals such as Gold and Silver both dropped. Stocks – S&P 500 rose for the second day this week with 57.85 points increase or is 1.62% higher to 3,635.44.– The Dow Jones Industrial Average outperformed with 454.97 points gains or 1.54% increase to 30,046.24, marking record high up to 30,000 level.– Nasdaq Composite also advances...

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ZoomerMedia Limited Announces Financial Results for the Year Ended August 31, 2020

TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced its financial results for the year ended August 31, 2020.Consolidated ResultsFor the twelve months ended August 31, 2020 the Company generated revenues of $50.6 million, operating expenses of $40.2 million and Adjusted EBITDA of $10.4 million from its continuing operations. Net income for the same period was $4.6 million.For the comparative twelve months ended August 31, 2019 the Company had revenues of $52.5 million, operating expenses of $46.2 million and Adjusted EBITDA of $6.3 million from its continuing operations. Net income for the year was $2.9 million.On August 19, 2020 the Company closed the sale for substantially all of the net assets comprising...

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Canadian Spirit Resources Inc. Announces Third Quarter 2020 Financial Results and Grant of Stock Option

CALGARY, Alberta, Nov. 27, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”), for the nine month period ended September 30, 2020. In addition, CSRI announces that it has granted incentive stock options to acquire an aggregate of 2,800,000 common shares of the Corporation (“Common Shares”) for a price of $0.10 per share for a period of five years in accordance with the terms and conditions of the Corporation’s Stock Option Plan.Third Quarter 2020This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three and nine months ended September 30, 2020, and should not be considered a substitute for...

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