JD.com Inc is a leading Chinese e-commerce platform that specializes in online retail and is known for its extensive range of products, from electronics and household items to clothing and groceries
The company operates a sophisticated logistics network that enables efficient delivery services, including same-day and next-day deliveries across various regions in China. JD.com emphasizes a commitment to authentic goods, providing customers with a reliable shopping experience while also incorporating advanced technologies such as artificial intelligence and big data to enhance its operations. Additionally, the company has expanded its reach by investing in various sectors, including cloud computing and supply chain solutions, positioning itself as a key player in the fast-evolving e-commerce landscape.
Dada Nexus received a proposal from JD.com to acquire all shares at $2 per ADS ($0.50 per Ordinary Share) in cash, representing a 42% premium. Board forming committee to evaluate. No guarantee of offer or completion.
Alibaba Cloud launched expanded suite of LLMs and AI development tools, collaborating to develop AI and cloud-computing solutions for global businesses.
US-listed Chinese stocks rise as Trump's inauguration speech signals no immediate tariffs, easing concerns over trade relations and boosting Chinese economy.
These 11 large-cap stocks saw significant growth last week, with notable news from companies such as Johnson & Johnson, MicroStrategy, and United Rentals.
A cooler-than-expected December producer inflation report failed to ignite lasting gains on Wall Street Tuesday, reflecting lingering concerns about persistently high inflation among investors.
US-listed Chinese stocks gained momentum on Tuesday, following China's record-breaking trade results in 2024 and reports that the US may take a gradual approach to raising tariffs. Experts predict a 20% rise in Chinese stocks by year-end.
Michael Burry's $196 million hedge fund, Scion Asset Management, could see hefty gains if the People's Bank of China cuts interest rates in 2025, which it has suggested it is likely to do.
US-listed Chinese stocks, including Alibaba, Baidu, JD.com, PDD Holdings, NIO, Li Auto, and XPeng, trade lower as US-China tensions rise over AI embargo.
