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JD.COM INTERNATIONAL GROWTH
China tech stocks jump as AI boom pushes index to four-year highChinese tech shares surged as AI excitement pushed the Hang Seng Tech Index to its highest level since 2021. Baidu led with a 19% rise, whi...- Alibaba misses revenue estimates, but AI boosts cloud businessAlibaba posted 26% cloud revenue growth to 33.4 billion yuan, fueled by heavy AI investment, even as weaker ecommerce sales dragged overall...
- Temu-owner PDD tops quarterly revenue estimates as competition squeezes marginsAlong with the need to keep prices low in China, PDD's margins have been under pressure in recent quarters due to a multibillion-dollar inv...
- Chinese retailer JD to launch five discount stores as competition intensifiesThe first outlet in Zhuozhou will span 5,000 square metres and will carry everything from detergent to chocolate, with prices intended to b...
- Chinese ecommerce leaders brush off regulatory risk to continue 'instant retail' price warChina’s top ecommerce platforms Alibaba, JD.com and Meituan are locked in a fierce instant retail price war, offering near-free deliveries ...
- More worries for China, sales at big e-commerce festival drop for first timeThis year the shopping festival failed to stir up much excitement among shoppers, industry experts said, even as major platforms extended o...
- 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 ...
- Chinese retailer JD beats quarterly revenue estimates as heavy discounts buoy demandChina's shaky economic growth, high youth unemployment and lower wages for office workers have led to consumers tightening their purse stri...
- How Walmart is getting ready for a bruising battle with Amazon in IndiaThe retail giant, which is facing the heat from aggressive Amazon on the home front, is paying the price for its late awakening in e-commer...
- Alibaba beats quarterly revenue estimates as Covid-19 curbs easeRevenue rose 2% to 247.76 billion yuan ($35.92 billion) for its fiscal third quarter to December 31, compared with a Refinitiv consensus es...
- A $33-billion hit shows China's newest stock worryA report this week that JD.com Inc. is launching a subsidy campaign to fight back against the advances of rival PDD Holdings Inc. sent fres...
- Alibaba, JD.com tumble in US as Xi asserts full control in ChinaMonday’s selloff came after Xi packed the Politburo Standing Committee with six loyalists during the party’s twice-a-decade leadership resh...
- Chinese flocking to home-grown brands a golden opportunity for investorsChinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choi...
- China gears up for world's largest online shopping festivalThe shopping festival, which is the world's largest and falls on November 11 every year, is an annual extravaganza where China's e-commerce...
- You think FAANG is distorting the S&P? Consider ATMAt this rate, instead of buying passive funds that track the MSCI index, investors might as well just pile into China’s version of FAANG, k...
- Jack Ma is telling China’s startup founders it’s time to go publicAnt will be the largest of that cohort, a potentially $200 billion-plus first-timer that’s likely to dwarf all peers apart from major backe...
- The charmed life of a young tiger cub with a $4.6 billion fortuneHe rarely speaks at public events and is seldom photographed. But he has been known to let his old-money guard down and get crazy.
- India accounts for three of Xiaomi’s top five global sales channelsXiaomi was India’s largest smartphone maker with a 31.1% share, followed by Samsung at 26.2% in the quarter ended March, according to Hong ...
- Walmart sheds its grow-everywhere plan in refining strategyWalmart is pursuing faster-growth markets overseas, including China and India, while battling e-commerce giant Amazon.com Inc. in its core ...
- Walmart sees Flipkart as key to atone for missteps in ChinaIn buying Flipkart, Walmart would seek to redress missteps in China, where it initially bought an unprofitable, second-tier online marketpl...
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