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JD.com

JD.com’s on-demand delivery unit, Dada Nexus, loses 46 per cent of US stock value overnight amid internal inquiry into potential fraud

by Anas Siddiqui
JD.com’s on-demand delivery unit, Dada Nexus, loses 46 per cent of US stock value overnight amid internal inquiry into potential fraud

An on-demand delivery firm affiliated with Chinese e-commerce giant JD.com lost 46 per cent of its stock value in New York on Monday, following an inquiry into “suspicious” data during …

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New refund policies from Alibaba’s Taobao and JD.com spark fears of customer abuse among merchants

by Anas Siddiqui
New refund policies from Alibaba’s Taobao and JD.com spark fears of customer abuse among merchants

New “refund only” policies introduced by Chinese e-commerce players including Alibaba Group Holding’s Taobao and JD.com have sparked concern among some sellers about potential abuse of the terms, according to …

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Chinese e-commerce giant JD.com wins antitrust lawsuit against Alibaba, which was ordered by a Beijing court to pay US$141 million in damages

by Anas Siddiqui
Chinese e-commerce giant JD.com wins antitrust lawsuit against Alibaba, which was ordered by a Beijing court to pay US1 million in damages

The Beijing High People’s Court on Friday ruled that Alibaba, owner of the South China Morning Post, “abused its market dominance” and conducted the monopolistic tactic known as “ picking …

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Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

by Anas Siddiqui
Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

Cutthroat competition in China’s vast e-commerce sector is poised to escalate, as leading shopping platforms JD.com and Alibaba Group Holding’s Taobao offer a “refund only” policy so consumers can keep …

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China e-commerce giant JD.com adds express delivery service to North America and Europe as domestic woes stack up

by Anas Siddiqui
China e-commerce giant JD.com adds express delivery service to North America and Europe as domestic woes stack up

JD.com’s logistics unit has launched a new cross-border express delivery service for consumers to North American and European markets, as the Chinese e-commerce giant seeks overseas growth to offset weak …

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‘No way out’: JD.com founder Richard Liu warns staff not to ‘lie flat’ as China’s e-commerce incumbents fall behind PDD

by Anas Siddiqui
‘No way out’: JD.com founder Richard Liu warns staff not to ‘lie flat’ as China’s e-commerce incumbents fall behind PDD

JD.com founder and chairman Richard Liu Qiangdong has urged his staff to take more proactive actions to fend off competition and fix management problems or else there would be “no …

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Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

by Anas Siddiqui
Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

The collaboration between Ant, the fintech affiliate of South China Morning Post owner Alibaba Group Holding, and Shenzhen-based Huawei is expected to benefit consumers who use Alipay and the Chinese …

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McDonald’s China pushes development of native apps based on HarmonyOS, as adoption of Huawei’s mobile operating system accelerates

by Anas Siddiqui
McDonald’s China pushes development of native apps based on HarmonyOS, as adoption of Huawei’s mobile operating system accelerates

The Chinese arm of McDonald’s – with a network of more than 5,500 restaurants and over 200,000 employees serving more than 1 billion customers each year – is part of …

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JD.com accuses wealth manager Noah of ensnaring it in years of ‘malicious lawsuits’ as fraud case moves to Shanghai court

by Anas Siddiqui
JD.com accuses wealth manager Noah of ensnaring it in years of ‘malicious lawsuits’ as fraud case moves to Shanghai court

E-commerce giant JD.com and Noah Holdings, one of China’s largest wealth management firms, have crossed swords in public over a fraud case, shedding light on the sometimes murky world of …

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Hong Kong stocks slip as mainland Chinese funds sell into rally amid concerns about weak Tencent and tech earnings

by Anas Siddiqui
Hong Kong stocks slip as mainland Chinese funds sell into rally amid concerns about weak Tencent and tech earnings

Hong Kong stocks slipped as mainland Chinese funds took advantage of the market rally before the nation’s biggest tech companies report their earnings with Tencent signalling a weak trend. The …

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