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The Latest Breaking News from JDcom

China’s tech sector has a new obsession: competing with US titans like Google and Microsoft in the breakneck global artificial intelligence "arms race".

Bangkok Post

CEO of JD Logistics Steps Down for ‘Health Reasons’

Yu Yui, a JD.com veteran of 15 years, handed his roles over to Hu Wei on Monday, the company says

Caixin Global

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags

Shoppers were treated to deep discounts, new products and payment plans as online merchants sought to revive their sluggish appetite for spending during China’s first major online shopping festival after the end of zero-COVID policies

The Independent UK

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Consumption soft even amid deep discounts during major China shopping festival, analysts say

Chinese consumers have been snapping up billions worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slash prices, but analysts say that consumer confidence still remains weak as China re-emerges from the pandemic

The Independent UK

Chinese E-Commerce Companies Undercut by Weak Chinese Economy and Increased Competition

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

Barchart

Stocks up as traders weigh inflation, China talks and debt

London (AFP) - US and European stock markets rose Friday as traders weighed a range of issues including US debt-ceiling hopes, talks between Washington and Beijing and more signs of a slowing economy.

AFP

Stocks mixed as traders weigh inflation, China talks and debt

London (AFP) - Stock markets were mixed on Friday as traders weighed a range of issues, including US debt-ceiling hopes, talks between Washington and Beijing, and more signs of a slowing economy.

AFP

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Markets mixed as traders weigh inflation, China talks and debt ceiling

Hong Kong (AFP) - Markets were mixed Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

AFP

Asian markets struggle as easing inflation fails to boost optimism

Hong Kong (AFP) - Asian markets fluctuated Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

AFP

Competition and Weak Chinese Recovery Weigh on JD.com

JD.com (JD ), one of China’s largest online retailers, is struggling this year after rallying to an 8-month high in January. The stock price has fallen nearly -47% from January’s peak on disappointment about China’s uneven recovery from the pandemic and increased competition from other Chinese online retailers. After more...

Barchart

China's JD to spin-off two units, list in Hong Kong

Beijing (AFP) - E-commerce giant JD.com will spin off its industrial and property units and take both of them public, the company said, in the latest reorganisation of a major Chinese tech firm.

AFP

Markets build on gains as bank, rate concerns ease

Hong Kong (AFP) - Most markets built on a global rally Friday as worries about the banking sector faded and traders grew optimistic that central banks are near the end of their interest rate hiking cycle.

AFP

Strength in Chipmakers Pushes Tech Stocks and the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. U.S. stock indexes this morning are moderately higher, with...

Barchart

China wants AI to rival ChatGPT. Censorship makes that tricky

Chinese firms including Baidu and Alibaba are racing to roll out versions of the chatbots taking tech world by storm.

Al Jazeera

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Investors Business Daily

Alibaba Fights Through Multiple Obstacles To Report Quarterly Earnings Beat

Alibaba reported quarterly results early Thursday, as the China e-commerce giant beat estimates. BABA stock jumped.

The Street

'Big Short' Michael Burry Invests in MGM Casinos And Chinese Giant Alibaba

The legendary investor has acquired shares of hotel and casino giant MGM Resorts International and of Chinese retailers Alibaba and JD.com.

Investors Business Daily

China Stocks Extend Losses As Spy Balloon Shooting Punctures This Hope

The shooting of a suspected Chinese spy balloon set back hopes for warming U.S.- China ties. China stocks fell Monday.

Bangkok Post

Asian bourses advance but SET could see volatility

RECAP: Most Asian stock markets rose yesterday while currencies fell against a firmer US dollar, as investors awaited a key US jobs report for more clues about interest rates after mixed signals from global central banks.

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news in one place.

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Caixin Global

Weekly Must-Read: The Vision of Singapore’s Next Prime Minister

Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’

Caixin Global

Shanghai Composite Index Rose 0.9% on Wednesday

Shenzhen Component Index closed up 1.31%

Bangkok Post

JD Central to end Thai operations on March 3

E-marketplace JD Central announced it will end its operations in Thailand on March 3, bringing down the curtain on its six years of operating an e-commerce business in the country.

The Independent UK

Chinese e-retailer JD.com leaving Thailand, Indonesia

Chinese online retailer JD

Bangkok Post

JD Central to end local operations in March

E-marketplace JD Central has announced it will end its operations in Thailand from March 3.

Investors Business Daily

Boeing Headlines Five Stocks To Watch Near Buy Points

Boeing is consolidating bullishly disappointing earnings. The Dow Jones giant is one of five stocks to watch near buy points.

Investors Business Daily

Alibaba, Baidu And Other China Stocks Jump As Covid Restrictions Ease

Alibaba stock and that of other technology companies saw their stocks jump as China officials curtailed many Covid restrictions.

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