Chinese second-largest e-commerce platform JD.com (JD) Monday announced the acquisition of the remaining 54% stake in compatriot home appliance store 5STAR.
JD-1, a reusable liquid oxygen-methane engine independently developed by Chinese aerospace manufacturer iSpace, successfully passed a 200-second continuous variable thrust long-range test run on July 8, 2020.
This year’s 618 Mid-year Shopping Festival ended Thursday, with record sales of trillions of yuan from multiple online retail platforms.
Chinese online retailer JD.com (9618.HK) Thursday made its secondary listing in Hong Kong with shares jumping 5.7% at the open of its first day of trading.
MiraclePlus RMB Fund I, L.P., recently completed a new round of funding, with Sequoia and former JD.com CEO Richard Liu among its investors.
E-commerce platforms like JD.com made strategic moves to react to the gloom in the retail consumption market brought by the COVID-19 pandemic.
Multiple sources have confirmed that Chinese tech companies NetEase and JD.com are set for secondary listings in the Hong Kong Stock Exchange in June.
It’s reported that JD has formed a strategic partnership with Kuaishou on e-commerce livestreaming.
JD.com, which plans to list on the Hong Kong Stock Exchange on June 18, is reported to have scheduled a listing hearing on Thursday, May 28.
After the release of its Q1 financial report on May 15, JD.com accelerated its preparations for a secondary listing in Hong Kong.
Chinese e-commerce platform Pinduoduo rose 5.26% to a record high of $57.83, putting its latest market capitalization at $69.26 billion.
JD.com has allegedly submitted its listing documents in secret and plans to conduct a secondary listing in Hong Kong.
Chinese e-commerce powerhouse JD.com has approached investment banks including UBS and Bank of America to discuss a second listing in Hong Kong.
Bejing-based e-commerce giant JD.com surpassed the high end of their guidance range posting quarterly revenue of 170.7 billion yuan.
The logistics unit of JD.com is eyeing a potential overseas IPO that could raise $8 – $10 billion, two insiders revealed to Reuters.