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JD.COM RESULTS
JD. com faces battle to gain ground in China's instant delivery marketThe company has poured billions into JD Takeaway, the food-delivery unit it launched in February, to cut reliance on a core retail business...- China, Hong Kong stocks edge higher ahead of tariff deadlineCHINA-STOCKS/China, Hong Kong stocks edge higher ahead of tariff deadline
- Chinese ecommerce giant JD. com sales rise after costly food delivery pushJD.com recorded a jump in first-quarter revenue Tuesday, as the Chinese e-commerce giant makes a costly push to establish itself in the cou...
- 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 Alibaba says to sell department store arm for $1.3 billion lossAlibaba is selling its department store chain, Intime, at a $1.3 billion loss due to increased competition in China's ecommerce market. The...
- Chinese tech giant Alibaba posts 5% quarterly revenue growthChinese tech and ecommerce giant Alibaba on Friday reported moderate revenue growth of five percent in its latest quarter, as Beijing works...
- Alibaba's China ecommerce platforms to accept Tencent's Wechat PayAlibaba is affiliated with the Jack Ma-founded Ant Group's Alipay, which is WeChat's main rival for online payments in China. Tencent has a...
- 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 ...
- Apple, Meta hot streaks fuel Nasdaq 100's July rallyApple is the biggest component of the Nasdaq 100, comprising nearly 12% of the index weight. The stock has risen about 1% in July and is po...
- Chinese ecommerce giants entice cautious consumers with steep mid-year discountsThe 618 festival, named after the founding date of JD.com but embraced by all platforms and running from late May until June 18, is a key t...
- Alibaba stock is overbought as spinoff prompts $47 billion rallyThe Chinese internet conglomorate’s plan to slash its empire into six units has so far added $47 billion of market value, causing a key tec...
- Chinese billionaire Richard Liu settles US rape allegationRichard Liu, who stepped down as the CEO of Beijing-based e-commerce company JD.com this year amid increased government scrutiny of China's...
- Tiger Global lost 7% last year, first annual drop since 2016The fund struggled in the final two months, dropping 8% and 10.7% in November and December, respectively, the people said. That erased a 13...
- Chinese tech’s brief revival is already showing signs of fatigueThe rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid h...
- 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...
- Alibaba Q1 results: Beats estimates as pandemic fuels online, cloud computing demandSales from Alibaba's core commerce business jumped 34% to 133.32 billion yuan ($19.27 billion) in the first quarter ended June.
- China exporters look inwards as virus hits overseas marketsChinese online marketplace Taobao said the number of foreign trading companies opening stores on its domestic-focused platform spiked 160 p...
- 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.
- Flipkart investor Tiger Global reduces its stake in Amazon by 67%Amazon was Tiger Global's second-largest public holding, after it had picked up 2.44 million shares for about $1 billion in September last ...
- Mobile gadgets overtake PCs in China's online retail salesShare of mobile sales in online sales nationwide gained 3.2 percentage points from the first quarter this year to 50.8 per cent in the seco...
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