Chinese e-commerce retailer JD.com is proceeding with a secondary listing in Hong Kong within the next few months despite the coronavirus-induce turmoil in the financial markets. The Nasdaq-listed company has confidentially made an application to ➤
Richard Liu, chairman and CEO of Nasdaq-listed, e-commerce giant JD.com, and his wife, Nancy Zhang, have donated medical supplies to the UK, which is struggling with the COVID-19 outbreak. This donation, facilitated by China Charity ➤
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 ➤
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