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Global Market Today: Asian stocks hit record highs, oil heads for weekly lossAsian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflati...- China seeks to rein in 'unfair' food delivery competition with new rulesChina is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns th...
- Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
- 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...
- US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
- Israel Lebanon ceasefire extended 3 weeks as Trump pushes peace talks amid rising Hezbollah tensionsIsrael Lebanon ceasefire extension news shows fresh efforts to reduce war tension in the region. The US is trying to support peace talks an...
- S&P 500 falls, $420 billion wiped out as Iran skips US talks, ceasefire fears riseS&P 500 fell sharply after Iran refused US talks, increasing global tension fears. Investors are worried the ceasefire may end without a de...
- 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...
- US-Iran ceasefire: Pakistan PM Sharif meets US VP Vance as peace talks 'commence'US-Iran peace talks: Pakistan's Prime Minister Shehbaz Sharif met with US Vice President JD Vance in Islamabad. This meeting occurred as pe...
- 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...
- JD.com shares fall 13%, hits record low; banks cut Q3 growth target on retail slowdownJD.com, which is listed in Hong Kong and the United States, is expected to report quarterly financial data in mid-November following China'...
- China's JD. com to spin off industrial, property units in $1 billion Hong Kong floatsIn a filing on Thurday, JD.com said it would continue to hold a stake of more than 50% in the units, JD Industrials and JD Property, upon c...
- China's JD.Com will launch ChatGPT-like product called ChatJDThere has been a lot of interest in generative AI since OpenAI's ChatGPT went live last year. JD.com joins the list of tech companies worki...
- 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 fines tech giants over anti-monopoly violationsBeijing has launched anti-monopoly, data security and other crackdowns on tech companies since late 2020.
- JD.com says founder Liu to step away from day-to-day operationsThe move comes as several other founders of China's tech companies have gradually relinquished the top job, such as at Alibaba and ByteDanc...
- China's JD.com cashes in on steady online demand, beats expectationsJD.com raked in 110 million new active customer accounts during the year while Jack Ma's Alibaba added about 68 million active buyers in th...
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