JD Group, parent company of e-commerce giant JD.com, has inked a strategic partnership with a state-owned tourism operator as the online services conglomerate strengthens its presence in the travel industry.Why it matters: JD’s renewed push into the tourism sector underscores its confidence...

China’s online shopping festivals are usually about racking up the biggest sales, but things were slightly different for this year’s 618 festival, the mid-year shopping frenzy that ended on Thursday of last week. In China, shopping festivals have become landmark events that are used to build a...

The 6.18 shopping festival was China’s largest shopping holiday since the coronavirus outbreak. It was long-awaited as a barometer of how much Chinese consumption has rebounded after lockdowns were lifted.   To observers’ relief, sales have picked up significantly since the pandemic...

Shares of Chinese online retailer JD.com rose 5.7% on Thursday, its first day of trading on the Hong Kong stock exchange.Why it matters: JD.com is the third Chinese tech firm to launch a secondary listing on the Hong Kong exchange, following rival Alibaba in September and gaming giant Netease...

One night, it was an ordinary walkway in a residential compound in an eastern suburb of Beijing. The next night, it was a night market. Days later, it was gone again. For a short while, dozens of stalls were set up along a walkway inside the community of around 40,000 residents, selling...

Online retailer JD.com said on Thursday that it will buy $100 million worth of convertible bonds in Gome Retail, one of China’s largest physical electronics chains.Why it matters: Chinese online retailers are working closely with physical electronics chains to expand their offline presence...

Short video app Kuaishou and e-commerce giant JD announced today a new partnership as the Chinese tech titans are gearing up for China’s biggest mid-year shopping extravaganza 618 on June 18.Why it matters: China’s e-commerce platforms and short video apps are working closer while...

Chinese online retailer JD is setting up tentative timetables to take its affiliates public over the next two years, a source with direct knowledge of the matter told TechNode.The company will focus on its secondary listing in Hong Kong this year, JD Logistics in 2021 and then JD Digits in...

With various businesses operating in a volatile economic environment, technology giants such as Google and Facebook, all the way to smaller local enterprises and multi-generational family businesses are future-proofing themselves in this time of unprecedented turbulence. Prevailing market pressures...

As people stay at home due to quarantines and social distancing measures, one unsung hero has been busy crossing empty streets to fulfil society’s needs: delivery drivers. Though going out is heavily discouraged, people still have demands to be fulfilled such as getting food, delivering packages,...

The COVID-19 (Coronavirus) outbreak has resulted in empty shopping malls across Asia, especially in countries such as Singapore, South Korea, and China where the spread of the virus has been even more pronounced. Except for the initial weeks where consumers wiped out supermarkets of toilet paper,...