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...
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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...
올해로 창립 17주년을 맞이한 징둥이 새로운 이정표를 남겼다. 지난 2010년 설립 기념일(6월 18일)에 시작되어 올해로 11주년을 맞이한 중국 상반기 최대 쇼핑 축제 ‘618 쇼핑 패스티벌(618全球年中购物节, 이하 618절)’이 역대...
Chinese e-commerce giant JD.com’s shares rose 5.7% after opening at HKD $239 (about USD $30.80) during their first day of trading on the Hong Kong stock exchange. JD.com had originally priced the shares for the secondary offering at $226. JD.com issued 133 million new Class A ordinary shares as...
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...
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we had a barrage of news ranging from SoftBank’s latest bet on China’s autonomous driving sector to Chinese apps...
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...
Livestreaming e-commerce is very, very big. But who will win a fight for eyeballs between shopping and video platforms? Can anyone take on Taobao...
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...
The dual listing in Hong Kong for e-commerce giant JD.com could follow just months after rival Alibaba's blockbuster secondary listing in the same...
JD is the latest Chinese tech major to tap remote work tool market. JD is competing with global rivals as well as local...
JD.com and LG inked a deal to sell RMB 5 billion in goods using emerging e-commerce model, consumer-to-manufacture, or...
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...
After a week of personal scandals involving guys like Jiang Fan and Li Guoqing, we've been thinking about how common bad behavior is in...
JD introduced its mini program open platform on Wednesday, joining a list of Chinese tech giants that leverage the...
An increasing number of Chinese firms have launched anti-graft initiates that mimic the Chinese state's approach to dealing with...
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,...
How online retail has changed, by the numbers: less hiking equipment, more instant noodles, more condoms. With color...
While its share prices have been relatively resilient, JD.com will spend $2 billion on a stock buyback as Covid-19 roils global financial...
A possible secondary listing in Hong Kong for e-commerce firm JD.com follows rival Alibaba's $13 billion offering in...
Online medicine has gotten a huge shot in the arm from the virus period. But insiders say what counts is regulation just as much as...
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,...
Chinese online retailer JD.com revealed robust top-line growth for the fourth quarter of 2019 as it recovers from a series of blows beginning in late...
Under quarantine in Hubei's smaller cities, it's low tech life as Covid-19 brings the digital economy to a...
Alibaba is the first major e-commerce platform to describe online consumption during the virus. Everything but groceries and household supplies are...
JD Logistics provides a customized solution for Hubei, integrating all data and information on a systematic supply chain...
During the Covid-19 outbreak and subsequent municipal lockdowns, e-commerce has became a crucial sales and distribution channel for...