The coronavirus outbreak in Wuhan will peak in mid- to late-February, according to a study by scientists affiliated with the London School of Hygiene and Tropical Medicine. The non-peer-reviewed findings were posted Friday on repository […]
JD Logistics, the logistics unit of China’s second largest e-commerce platform JD.com, is eyeing a potential overseas IPO that could raise between USD 8–10 billion. Reuters is reporting, citing two insiders, that JD Logistics is […]
China’s second largest e-commerce company, JD.com, has been quietly astir with major changes at the top after its founder and chief executive Richard Liu Qiangdong, has discreetly stepped down from a number of key roles. […]
Fresh food e-commerce in China is forecast to hit a total gross merchandise value (GMV) of CNY 495 billion (USD 72 billion) by the end of 2021, as cool chains improve and hybrid online/offline models […]
Amazon will close its domestic marketplace in China in July, ending a rough 15-year battle against Alibaba, JD.com and other up-and-comers in what is soon to become the world’s biggest e-commerce market. The company will […]
E-commerce group JD.com plans to cut 10 per cent of high-level executive jobs this year, as it struggles with sluggish sales in the wake of a slowing Chinese economy. “The move is part of our […]
JD.com, China’s second largest largest online retailer after Alibaba, today announced the completion of Indonesia’s first government approved drone flight – a breakthrough for drone delivery in Southeast Asia. The successful pilot opens the door […]
The world’s largest shopping event – China’s 11.11 or Singles Day – brought in RMB 373.3 billion (USD 53.7 billion) as China’s e-commerce giants Alibaba and JD.com saw orders soar over last year, including fresh […]
JD.com, China’s second largest e-commerce retailer, has partnered with Tianjin Air Cargo, a unit of HNA Group, to ship goods on dedicated B737 freighters as the e-commerce giant ramps up its logistics business. The new […]
Online retail sales in China’s impoverished areas grew by 52 per cent last year to reach CNY 120.8 billion (USD 17.4 billion) last year, creating 1.3 million jobs according to a government report. A report […]
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