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.
China's largest online retailer JD.com has rebranded its own group-buying app & WeChat mini-program as ‘Jingxi’ to target consumers in China’s lower-tier cities.
JD.com, China's e-commerce giant and retail infrastructure service provider, saw positive results from its second quarter of 2019, according to the newest earnings report released on Aug. 13.
Despite all the trouble that JD CEO Liu Qiangdong got himself into last year, his company, although expected to come to naught (JD’s stock price fell by 40%), has prospered. Obviously, that does not refer to every aspect of every project, but overall figures present an impressive achievement. With a yearly operating income of 462 billion yuan, JD made it to the very apex of the Internet and technology section of the Chinese Fortune 500 list.
China's e-commerce giant JD.com’s second-hand commodity trading platform "Paipai" will undergo a strategic merger with China's largest electronic product recycling platform "Aihuishou".
China's second largest e-commerce company JD.com quietly closed down its office in Melbourne after a little over a year of operation, putting the company's CEO Liu Qiangdong's ambitious expansion plans into the southern hemisphere on hold.