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Key Takeaways: Jiumaojiu’s revenues surged more than 50% in the first half from the same period a year earlier as Chinese diners crowded back into restaurants The company’s Song Hot Pot brand became the latest growth engine for the restaurant group after its revenues quadrupled By Fai Pui
The e-commerce giant may record its first-ever sales decline in this year’s ‘Double 11’ online shopping extravaganza as its shares sink to their 2014 IPO level.