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E-commerce is experiencing substantial growth in China. According to a World Economic Forum report from earlier this year that cited data from Statista and eMarketer, Chinese e-commerce made up ...
Alibaba rose 7%, Pinduoduo climbed nearly 10%, and JD.com moved up by about 11%. The People’s Bank of China unveiled a range of monetary stimulus measures in a last-ditch effort to revive the ...
The retail market in China is experiencing a significant boom in sales. According to the National Bureau of Statistics in China, this market was worth RMB 39 trillion last year. The online retail ...
The move -- in contrast with rival Alibaba's stock's tumble today -- is in response to the company's surprisingly solid second-quarter results. JD.com is earning its way back into investors' favor
Alibaba stock gained 37% in the last 30 days. JD is up over 66%, Baidu 33% and PDD 65%. The upcoming holiday shopping season also poses a tailwind for e-commerce stocks.
Science & Tech. Shopping. Sports
Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:BABA) and rival JD.com, Inc (NASDAQ:JD) are aggressively fighting for market share in Hong Kong. The companies waived delivery fees for ...
JD Logistics, which operates over 1,600 automated warehouses and employs about 370,000 delivery workers, directly competes wi Alibaba And JD.com Ease Rivalry, Share Logistics In Response To ...