JD.com Inc. – ReportWire

JD.com shares climb after announcing $5 billion share buyback, outperforming decline in Hang Seng

[ad_1] JD.com set up an Innovative Retail division that houses its grocery business 7Fresh. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of Chinese online...

Business7 months ago

Walmart’s $3.6 Billion JD.com Sale Fuels China Tech Slump

[ad_1] (Bloomberg) — Walmart Inc. raised about $3.6 billion by selling its stake in Chinese e-commerce firm JD.com Inc., winding down an eight-year partnership that appears...

Real Estate7 months ago

Tim Walz vs. JD Vance: What the 2024 presidential running mates could mean for your wallet

[ad_1] Democratic vice presidential candidate and Minnesota Governor Tim Walz (L), and Republican Vice Presidential candidate Sen. JD Vance (R-OH). Getty Images Housing Affordable housing is...

Business1 year ago

Foot Locker shares fall after heavy promotions lead to holiday-quarter losses

[ad_1] The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California. Justin Sullivan | Getty Images Shares of Foot...

Business1 year ago

Wall Street’s new e-commerce darling just overtook Alibaba in market cap — one analyst says it's a 'standout growth stock'

[ad_1] Wall Street analysts are betting big on one Chinese e-commerce giant: PDD Holdings . Investment firms Morgan Stanley, JPMorgan and Morningstar have all raised their...

Business1 year ago

Portfolio manager explains why he has the ‘most conviction’ in this China tech stock

[ad_1] Chinese tech players like Baidu , Alibaba and Tencent have largely been viewed favorably by investors, even as the Asian powerhouse has been experiencing slower...

World News2 years ago

What China’s big earnings say about the consumer

[ad_1] Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings...

Business2 years ago

Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more

[ad_1] A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images...

Business2 years ago

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

[ad_1] JD.com has become the latest Chinese tech giant to announced plans for a ChatGPT-style product, joining the hype around the chatbot technology. Qilai Shen |...

World News2 years ago

Hong Kong stocks enter bear market territory as China reopening optimism continues to fade

[ad_1] People wearing face masks crossing a street at Hong Kong’s Wan Chai district on Feb. 16, 2021. Zhang Wei | China News Service | Getty...

World News2 years ago

Alibaba plans to list cloud division as quarterly revenue misses expectations

[ad_1] Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg |...

Business2 years ago

‘Big Short’ Michael Burry bought a slew of regional banks last quarter amid banking crisis

[ad_1] Michael Burry, known for calling the subprime mortgage crisis, bought a number of regional banks last quarter, betting the industry could weather the crisis, according to...

World News2 years ago

China’s recovery is taking longer than expected, so Citi is pushing back its stock rebound forecasts

[ad_1] Pictured here is a shopping street in Shenzhen, China, on Thursday, March 30, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China’s economic recovery...

World News2 years ago

Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO

[ad_1] Chinese technology stocks led gains in Asia-Pacific on Wednesday’s as Hong Kong listed shares of Alibaba jumped, one day after the company announced a major...

Business2 years ago

Alibaba shares soar 15% in Hong Kong on news of major overhaul

[ad_1] Signage at the Alibaba Group Holding Ltd. offices in Beijing, China, on Tuesday, Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares...

Business2 years ago

China tech companies are closely watching ChatGPT’s A.I. skills. Here’s what they’re doing about it

[ad_1] A display at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Friday, Sept. 2, 2022. Bloomberg | Bloomberg | Getty Images BEIJING —...

World News2 years ago

Retailers in China enact rare price cuts for Apple’s high-end iPhone 14 line

[ad_1] Retailers in China including JD.com and Suning have cut the price of Apple’s iPhone 14 Pro and Pro Max. It comes after China’s smartphone market...

Business2 years ago

Huawei turns to patents for a lifeline — including those in the U.S.

[ad_1] Chinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese telecommunications...

Real Estate2 years ago

Hong Kong stocks off to best start since 2018 on China recovery hopes

[ad_1] Shoppers walk through a street market in Hong Kong, China, on Sunday, Jan. 30, 2022. Photographer: Chan Long Hei/Bloomberg via Getty Images Bloomberg | Bloomberg...

Business2 years ago

China’s economy looks different than it was going into the pandemic

[ad_1] The central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first three quarters of 2022. Pictured here is a screen...