JD.com Beats Forecast with 22% Increase in Revenue
JD.com, China’s leading technology driven e-commerce company and retail infrastructure service provider, announced its financial results for the forth quarter and full year of 2018.
JD.com Co-Launch Joint Blockchain Lab with ISCAS and NJIT
Chinese e-commerce giant JD.com, Inc., Institute of Software at Chinese Academy of Sciences, and New Jersey Institute of Technology (NJIT) in the U.S. co-launched a joint lab on blockchain research on Oct. 21 in Beijing.
JD.com Partners with WWF and CCTF to Launch Second Annual Green Planet-Sustainable Week
Chinese e-commerce giant JD.com partnered with World Wide Fund for Nature (WWF) and The China Children and Teenagers’ Fund (CCTF) to launch the second-annual “Green Planet-Sustainable Week” event.
JD.com’s Massive Online Retailer JD CENTRAL Officially Launches in Thailand
On the afternoon of Sept. 27, JD.com Inc. announced that the online retail platform JD CENTRAL, built together with Thai conglomerate Central Group of Companies, will officially launch on Sept. 28 in Thailand.
Richard Liu Sexual Misconduct Case Submitted to the Prosecution
The sexual misconduct allegation against Richard Liu, founder and CEO of China’s e-commerce giant JD.com, has now been handed over for prosecution, according to a statement released by the U.S. Minneapolis police on September 20.
Newsletter: JD.com CEO Arrested for Alleged Sexual Assault in the U.S.
Here are the hot trending topics in China last week.
Founder and CEO of JD.com Arrested in the U.S. on Suspicion of Sexual Assault
News of Liu Qiangdong’s arrest broke out over the Labor Day weekend in the U.S. city of Minneapolis. Liu, chairman and CEO of the Chinese e-commerce retailer JD.com Inc., was briefly arrested for alleged criminal sexual misconduct and has since been released from custody.
JD.com Stock Drops 6% After Failing to Meet Q2 Earning Expectations
JD.com Inc, China’s second largest e-commerce platform, reported a 31.2 percent rise in its second-quarter revenue on Thursday, falling short of analysts’ estimates after a worse-than-expected sale season.
JD Launches its First International Unmanned Store in Indonesia
China’s leading e-commerce platform JD.com opened its first overseas unmanned store, JD.ID X-Mart, an AI-powered experience store in the Indonesian capital of Jakarta.
MIIT Ranks Top 100 Chinese Internet Companies
China’s information authority released a list of top 100 Chinese Internet companies on July 27, ranking Alibaba, Tencent and Baidu, JD.com, and NetEase as the top five.
2018 Fortune Global 500 List Released: 120 Chinese Companies on the List
Fortune Magazine published on July 19 its annual global list of 500 corporations. This year, 120 Chinese companies made the cut, which makes China a close second to the U.S. with 126 companies.
Pinduoduo Plans to Raise a Maximum of $1.87 Billion in U.S. IPO
China’s new e-commerce platform, Pinduoduo, plans to raise a maximum of $1.87 billion through its listing on the NASDAQ Global Select section, according to its updated prospectus to the U.S. Securities and Exchange Commission (SEC).
JD Finance Raises RMB 13 Billion in Series B at a Valuation of RMB 133 Billion
JD Finance announced on July 12 the details of their upcoming Series B fundraising round. The financial spin-off of the e-commerce platform JD.com Inc. will raise 13 billion yuan ($1.95 billion) at a post-money valuation of 133 billion yuan by the end of this quarter.
Ep. 13: JD, Google, and the War for the Rest of the World
On June 18, JD.com concluded its annual shopping festival with a transaction volume of around US$24.5 billion. On the same day, the e-commerce platform also announced an investment from Google of $550 million. What does this new alliance mean? Listen to latest episode from TechBuzz China to find out!
Pinduoduo, China’s Facebook-Groupon Mashup, Files for $1B US IPO
Pinduoduo, one of China’s largest e-commerce unicorns, looks to raise around US$1 billion in its U.S. initial public offering (IPO), confirming a report published earlier by Pandaily.