Street vendors in China have seen a significant rise in popularity and regulatory support after Chinese Premier Li Keqiang voiced government approval of them.
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.
China's e-commerce platforms, including Alibaba, JD.com, and Pinduoduo, recently started reservations for COVID-19 testing in multiple cities.
Chinese e-commerce powerhouse JD.com has approached investment banks including UBS and Bank of America to discuss a second listing in Hong Kong.
The current level of technological development surely allows for more creative ways of dealing with natural disasters than simply sending tents and canned food to those who managed to survive the cataclysm.
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.
Amazon is back with plans to open another online store on Pinduoduo, the latest e-commerce disruptor, challenging the industry’s status quo with year-round discounts, group buying and a shrewd focus on China’s underrepresented lower tier cities.
While Apple’s new iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max will not be available in stores until September 20, online pre-sales for the new handset have exceeded expectations by a landslide.
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.
According to the newly released Fortune 500 list, Xiaomi managed to break through now ranking 468th. Lei Jun, founder of Xiaomi, has previously stated that Xiaomi aims to break into the global Fortune 500 list. Now Xiaomi has achieved this goal.
American e-cigarette brand JUUL will officially enter the Chinese market and is reported to be negotiating terms for distribution channel cooperation with Tmall and JD.com.
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.