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DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...- JD.com founder vows to protect Chinese jobs from AI and robotsThe company, which is one of the country’s largest employers by headcount, will “do everything possible to safeguard employment for hundred...
- China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
- China's JD.com weighs £2 billion bid for UK retailer The Very Group: ReportThe move would follow JD.com's earlier UK efforts, including its failed takeover bid for electricals group Currys and its decision last ye...
- China hits food delivery platforms with 3.6 bln yuan fine for 'ghost' deliveriesChina has imposed hefty fines on seven major e-commerce platforms for serious food safety breaches. Companies like Taobao, Meituan, Pinduod...
- Chinese ecommerce giant JD.com launches Joybuy in Europe, targeting AmazonJD.com wants to internationalise its business and last year agreed to buy German electronics retailer Ceconomy, owner of the MediaMarkt a...
- Chinese ecommerce giants make expensive bets on fast deliveriesThe new turf war focused on speed is coming at a high cost in the short term as the ecommerce giants look to entice consumers with hefty di...
- China's JD.com moves into food delivery, starts recruiting restaurantsCatering merchants who register with JD Takeaway before May 1 will enjoy commission-free services for the entire year, it said.
- China's JD.com announces $5 billion share buyback planJD.com, which last week beat profit forecasts for the June quarter, and rivals such as Alibaba, have been seeking to alleviate investor con...
- Walmart seeks to raise up to $3.74 billion in sale of JD. com stake: reportWalmart is offering 144.5 million shares in the price range of $24.85 to $25.85, the report said, adding that Morgan Stanley is the broker-...
- Chinese ecommerce giant JD beats estimates for quarterly profitThe Chinese e-commerce giant saw a significant rise in quarterly profit, fueled by a mid-year sales festival and aggressive price cuts. Its...
- Chinese ecommerce giants face delicate balance between discounts, profitAlibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...
- China's JD posts higher Q3 profit as supply snarls ease, revenue misses estimatesThe company has seen challenges in China's rapidly changing ecommerce landscape, with the joining of livestream players and short video soc...
- China ecommerce giant JD set for $1.4 billion discount spreeThe campaign has spurred concerns that larger rival Alibaba Group Holding Ltd. or upstart PDD Holdings Inc. may retaliate with cuts of thei...
- China's JD.com to shut ecommerce sites in Indonesia, ThailandJD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units ...
- China's JD.com to shut e-commerce sites in Indonesia, ThailandJD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both unit...
- Shopify, JD.com pair up in China as ecommerce competition intensifiesCanadian e-commerce giant Shopify said on Tuesday it has partnered with China's JD.com to let merchants in the United States sell to JD's c...
- Tencent to give $16.4 billion JD.com stake to shareholders as dividendTencent will distribute $16.37 billion worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce...
- China fines 3 online vendors for misreported prices, salesThe ruling Communist Party encourages e-commerce and other online industries but worries about the dominance of major competitors. Party le...
- Google to invest $550 mln in Chinese e-commerce giant JD.comThe investment may give Google access to more consumer data, which can be used to boost usage of Google Shopping.
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