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BEIJING (Reuters) -Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1 billion yuan ($140.68 million) for monopolistic practices. The High ...
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 ...
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 ...
Tencent acquired a 15% stake in JD.com in 2014 by paying cash and handing over its e-commerce businesses Paipai & QQ Wanggou plus a stake in Yixun to JD.com, to build a stronger competitor to Alibaba Group Holding Ltd. [61] In 2015, JD.com and Tencent announced the launch of the "Jingteng Plan" [62] (Chinese: 京腾计划), a portmanteau of 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 ...
Alibaba (BABA) and other Chinese stocks rallied at the open on Wednesday amid easing regulatory concerns.
Alibaba stock has consistently outperformed JD stock over any period you might name. One hedge fund manager even called out CEO Richard Liu personally, accusing him of “silly deals” and of ...
Which of these Chinese e-commerce leaders is the better investment?