JD.com

JD Logistics long anticipated initial public offering (IPO) in Hong Kong has fallen short of expectations amid Beijing’s ongoing tech crackdown. The IPO started off strongly as shares rose up…

JD.com will start accepting digital yuan

JD.com latest Chinese tech giant to face anti-trust fine

Alibaba JD.com

May 24, 2021

Alibaba China JD.com Pinduoduo

JD.com has become the latest Chinese tech giant to be fined for violating antitrust laws as it was slapped with a 300,000 yuan ($46,663) fine by Chinese market regulators. According…

JD.com has trounced analysts’ estimates in its first quarter as China’s economy shows strong signs of growth following the pandemic.

JD.com sees revenues rise 39% amid strong recover in China

Companies Ecommerce

May 20, 2021

Ben Stevens

JD.com has trounced analysts’ estimates in its first quarter as China’s economy shows strong signs of growth following the pandemic. The Chinese ecommerce giant saw net revenues jump 39 per…

JD Logistics is planning on raising up to HK$26.4 billion (£2.3 billion) in its upcoming initial public offering (IPO) on the Hong Kong Stock Exchange.

JD.com’s logistics arm aiming to raise over $3bn in Hong Kong IPO

Alibaba JD Logistics JD.com

May 18, 2021

Alibaba Alipay cryptocurrency digital yuan JD.com WeChat

JD.com’s logistics arm JD Logistics is planning on raising up to HK$26.4 billion (£2.3 billion) in its upcoming initial public offering (IPO) on the Hong Kong Stock Exchange. The logistics…

JD.com has begun paying some staff with a new government-backed digital currency as a number of China’s major companies begin promoting the ‘digital yuan’.

JD.com to start paying staff in ‘digital yuan’ as China storms ahead with state-backed crypto rollout

Companies

April 26, 2021

Ben Stevens

JD.com has begun paying some staff with a new government-backed digital currency as a number of China’s major companies begin promoting the ‘digital yuan’. The state-backed digital yuan, a digital…

The Chinese ecommerce market is predicted to grow to $3 trillion by 2024, according to data from GlobalData.

China’s ecommerce market to hit $3 trillion by 2024

Alibaba China ecommerce JD.com

April 20, 2021

The Chinese ecommerce market is predicted to grow to $3 trillion by 2024, according to figure from GlobalData. Chinese online sales are also expected to grow 17.2 per cent and…

LVMH, Prada and Richemont-owned Cartier have joined forces to form a new blockchain-powered anti-counterfeit group.

Louis Vuitton partners with Chinese ecommerce brand JD.com

Alibaba Apple Baidu Burberry ecommerce JD.com Louis Vuitton

April 15, 2021

Louis Vuitton has announced a new partnership with Chinese ecommerce giant JD.com in bid to further its reach in Asia. Users will be able to search for Louis Vuitton items…

Pinduoduo’s founder and chairman is set to relinquish control of the company as it surpasses Alibaba to become China’s largest ecommerce marketplace.

Pinduoduo faces public outrage after employee’s death

Companies Social Media

996 Alibaba China JD.com Pinduoduo

January 5, 2021

Ben Stevens

Beijing China cryptocurrency digital yuan ecommerce JD.com

Pinduoduo is facing a growing public backlash and an official investigation into its working practices after the death of an employee in her 20s. The employee, born in 1998, collapsed…

JD.com becomes first online platform to accept digital yuan

Ecommerce Payment

December 7, 2020

Ava Szajna-Hopgood