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The Latest Breaking News from JDcom

Argos Value Drops Sharply Since 2016: Why Sainsbury's Rejected JD.com's Offer

Sainsbury's rejected JD.com's revised bid for Argos, citing poor terms. Argos's value has plunged from £1.4bn in 2016 to £344m, but Sainsbury's keeps it central to its long-term strategy.

International Business Times UK

China Tech Roars Back—And These 3 ETFs Are Built For The Bounce

After years of losing ground to regulations and slow expansion, Chinese tech stocks are roaring back, and U.S.-listed ETFs tracking them are enjoying the ride.

Benzinga

Argos was a bad buy – but Sainsbury’s doesn’t need to sell at a silly price

Talks to sell the retailer to China’s JD.com are over, but they highlight that a sale on respectable terms should be possible

The Guardian - UK

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Sainsbury’s shares rise despite Argos sale talks collapsing

Talks to sell Argos fell through after the Chinese retailer’s terms and commitments were ‘not in the best interests’ of shareholders

The Independent UK

Sainsbury’s shares rise after ill-fated talks to sell Argos to China’s JD.com

The supermarket said JD.com’s terms and commitments were ‘not in the best interests’ of Sainsbury’s shareholders and staff.

Evening Standard

FTSE 100 Live 15 September: Centrica and Sainsbury’s shares rally, AO World boosts outlook

Sainsbury’s shares have surged after the supermarket disclosed talks to sell Argos to Chinese e-commerce giant JD.com.

Evening Standard

Sainsbury’s ends talks to sell Argos to China’s JD.com

The supermarket said JD.com’s terms and commitments are ‘not in the best interests of Sainsbury’s shareholders, colleagues and broader stakeholders’.

Evening Standard

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Sainsbury’s halts deal to sell Argos to Chinese retailer

The UK supermarket previously indicated it was exploring a deal to ‘accelerate Argos’ transformation’

The Independent UK

Sainsbury’s talks to sell Argos to Chinese retailer JD.com collapse

Supermarket confirms it is no longer in discussions to sell the retail business it bought for £1.1bn in 2016

The Guardian - UK

Sainsbury’s in talks to sell Argos to China’s JD.com

The supermarket said a sale of the general merchandise retailer would accelerate its ‘transformation’.

Evening Standard

Alibaba Unites Its Empire To Fight Back Against Meituan

Alibaba Group (NYSE:BABA) and its fintech affiliate Ant Group, co-founded by Jack Ma, have launched a unified strategy to take on Meituan (OTC:MPNGY) in China’s instant commerce market.

Benzinga

JD.com's Investments Pay Off With Massive Jump In New Business Revenue

China-based JD.com (NASDAQ: JD) reported fiscal second-quarter results on Thursday.

Benzinga

Bridgewater Retreats From China, Shifts Billions Into US Mega-Cap Tech

Bridgewater Associates exited its holdings in U.S.-listed Chinese companies in the second quarter, signaling a decisive retreat as geopolitical tensions and shifting sentiment darkened the outlook for the world’s second-largest economy.

Benzinga

Alibaba Faces Fierce AI Talent Poaching As Rivals Lure Top Qwen Model Engineers

Alibaba Group (NYSE:BABA) has become a prime target in China’s artificial intelligence (AI) talent war as rival tech giants poach senior experts from its Tongyi Lab, the developer of the widely used open-source Qwen models.

Benzinga

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news in one place.

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Fortune

Yum China’s sales keep growing, but a fierce food-delivery price war may be weighing on investor sentiment

Yum China’s HK-traded shares are down about 3% since Tuesday, even as the KFC and Pizza Hut operator posted 4% year-on-year revenue growth last quarter.

Benzinga

China's Crackdown Forces Alibaba, JD, And Meituan To Call Truce On Price War

Alibaba Group (NYSE:BABA), Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD) pledged on Friday to end aggressive price-based competition that has squeezed margins and drawn regulatory scrutiny.

Benzinga

Party's Over: China Tells Alibaba, Meituan, JD To Stop Bleeding

On Friday, China’s State Administration for Market Regulation (SAMR) called upon three of the country’s leading food delivery platforms: Alibaba Group’s (NYSE:BABA) Ele.me, Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD). The regulator urged these companies to adopt more “rational” competitive practices amidst an escalating price war within the sector.

Benzinga

Meituan Cries 'Irrational!' As Alibaba Escalates Delivery Battle

Alibaba Group (NYSE:BABA) escalated China’s instant delivery price war by launching a massive 50 billion Chinese yuan subsidy program for consumers and merchants on its Taobao Shangou platform, intensifying an already cutthroat battle for market share against JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY).

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news in one place.

100's of premium titles.
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Benzinga

Alibaba Intensifies Instant Delivery Fight With New Campaign

Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:BABA) is intensifying its efforts in China’s fiercely competitive instant delivery market by launching a new 100-day Super Saturdays campaign under its Taobao Shangou brand.

Benzinga

Alibaba Bleeds Billions As Delivery Price War Erases $100 Billion In Market Value

Alibaba Group Holding (NYSE:BABA) matched its record of 80 million on-demand deliveries on Saturday, intensifying its competition with Meituan (OTC:MPNGF) (OTC:MPNGY) and JD.com (NASDAQ:JD) in China’s high-stakes quick-delivery market.

Barchart

3 High-Growth Dividend Stocks With Massive Upside Potential

Discover three powerful dividend-paying stocks with high-growth potential that Wall Street believes could double in value within the next year—perfect for growth-focused investors seeking opportunity amid market uncertainty.

International Business Times UK

Michael Burry Sells Entire Portfolio Except One Stock in Q1; Places $186M Puts on Nvidia, China Stocks

Scion Asset Management CEO Michael Burry sold his entire portfolio in Q1 but doubled down on a beauty giant. He also placed massive put on China tech stocks.

Fortune

The threat to kick China out of U.S. exchanges is growing, and Hong Kong stands to benefit

Delisting worries have grown since late February, when President Donald Trump revived the threat of kicking Chinese companies off U.S. exchanges.

Tom’s Hardware

AMD Dragon Range Refresh CPU specs confirmed via early retail listing — Ryzen 9 8940HX sees 100 MHz increase

AMD's Dragon Range Refresh CPU family has had more details revealed thanks to a new Asus listing on a Chinese retailer.

Fortune

The tariff loophole that drove Shein and Temu to fast-fashion dominance is closing in a month

An executive order imposes tariffs on small-value shipments from China that were previously exempt from duties.

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