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BEST Inc - BEST STOCK NEWS

Welcome to our dedicated news page for BEST (Ticker: BEST), a resource for investors and traders seeking the latest updates and insights on BEST.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BEST's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BEST's position in the market.

News
BEST Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
BEST Inc. announces unaudited financial results for Q4 and fiscal year 2023 with revenue growth and improved gross margins. Despite increased revenue, the company reports net losses and negative EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.35%
Tags
earnings
-
News
BEST Inc. Announces Appointment of Financial Advisor and Legal Counsel to the Special Committee
Rhea-AI Summary
BEST Inc. (BEST) forms Special Committee to consider preliminary non-binding proposal, retains Kroll, LLC as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as legal counsel. No decisions made yet. Shareholders cautioned about trading securities. No assurance of receiving definitive offer or executing agreement. Company not obligated to provide updates except as required by law.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
News
BEST Inc. Announces Unaudited Third Quarter 2023 Financial Results
Rhea-AI Summary
BEST Inc. (BEST) released its unaudited financial results for Q3 2023, reporting a revenue of RMB2,226.7 million (US$305.2 million), a gross profit of RMB51.8 million (US$7.1 million), and a net loss from continuing operations of RMB193.0 million (US$26.5 million).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
News
BEST Inc. Receives Notice Regarding NYSE Continued Listing Standards
Rhea-AI Summary
BEST Inc. (NYSE: BEST) Receives Notice of Non-Compliance from NYSE Due to Market Capitalization and Equity Criteria. The company has 90 days to submit a business plan to regain compliance within the next 18 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
none
-
News
BEST Inc. Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company and Formation of Special Committee
Rhea-AI Summary
BEST Inc. has received a preliminary non-binding proposal letter from a buyer group to acquire all outstanding shares of the company for a proposed purchase price of US$0.144 per ordinary share or US$2.88 per ADS in cash. A special committee has been formed to evaluate the proposal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.88%
Tags
acquisition
-
News
BEST Vietnam Partners with Techcombank to Boost Cashless Payments Through Dynamic QR Code
Rhea-AI Summary
BEST Vietnam partners with Techcombank to boost cashless payments through dynamic QR code
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
partnership
News
BEST Inc. Announces Unaudited Second Quarter 2023 Financial Results
Rhea-AI Summary
BEST Inc. reports positive financial results for Q2 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.02%
Tags
earnings
-
News
BEST Inc. to Announce Second Quarter 2023 Financial Results on August 23, 2023
Rhea-AI Summary
BEST Inc. will release its unaudited financial results for Q2 2023 on August 23, 2023. The conference call to discuss the results will be held on the same day. Participants can access the call by dialing the provided numbers. A replay of the call will be available until August 30, 2023. The earnings release, webcast, and presentation can be viewed on the Company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.42%
Tags
earnings
-
News
BEST Vietnam and VNPAY Partner to Promote Cashless Payments in Vietnam
Rhea-AI Summary
BEST Vietnam partners with VNPAY to promote cashless payments in Vietnam
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.42%
Tags
partnership
News
BEST Inc. enhances AI capabilities by integrating ChatGPT into Qianyi ERP software
Rhea-AI Summary
BEST Inc. has integrated the natural language processing tool ChatGPT into its Qianyi ERP software, allowing cross-border sellers to generate multi-language product titles and descriptions using AI. The integration is part of the Company's efforts to enhance AI capabilities and pilot in the logistics industry. Qianyi ERP supports multiple languages and can be accessed through major e-commerce platforms. Users can generate different text content and keywords based on platform rules to improve product ranking weight.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.51%
Tags
AI
Stock BEST logo
BEST Inc

NYSE:BEST

BEST Rankings

#4824 Ranked by Market Cap
#2230 Ranked by Stock Gains
N/A Ranked by Dividends

BEST Stock Data

41.19M
209.71M
4.04%
5.6%
0.18%
General Warehousing and Storage
Transportation and Warehousing
Link
China (Mainland)
Hangzhou

About BEST

best inc. operates as a smart supply chain service provider in the people's republic of china. its proprietary technology platform enables its ecosystem participants to operate their businesses through various saas-based applications. the company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management. it offers integrated services and solutions across the supply chain, including warehouse management, order fulfillment, express delivery, freight, and other services for multinational and corporate customers, as well as small and medium enterprises. the company also provides express delivery services; and door-to-door integrated cross-border supply chain services to and from china, including international express, less-than-truckload, fulfillment, and freight forwarding through its network, and transportation and warehouse partners. in addition, it operates real-time bidding