JD.com

Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was slapped with a 1 billion yuan ($140.68 million) fine over monopolistic practices.Zhejiang Tmall Network Co, Zhejiang Tmall Technology Co and Alibaba Group Holding Limited were found to have abused market dominance and adopted monopolistic practices known as "choosing one from two", causing severe damages to JD.com, according to a JD.com statement, citing a ruling by a court in Beijing. Discover the stories of your interest…

Ben Otto / Wall Street Journal: JD.com reports Q3 revenue up 1.7% YoY to ~$33.98B, beating ~$33.81B est., and net profit up 33% YoY to ~$1.09B, beating ~$952M est., aided by cost controls — The bottom line was also boosted by nonoperating income — Chinese e-commerce giant JD.com beat analyst estimates for quarterly profit … Ben Otto / Wall Street Journal: JD.com reports Q3 revenue up 1.7% YoY to ~$33.98B, beating ~$33.81B est., and net profit up 33% YoY to ~$1.09B,…

Streamline your email outreach strategy for success  —  This is a guest post by Upwise.  For a successful email outreach, it's crucial to align sales data with the marketing strategy.  However, this alignment is often hindered by siloed systems. Streamline your email outreach strategy for success  —  This is a guest post by Upwise.  For a successful email outreach, it's crucial to align sales data with the marketing strategy.  However, this alignment is often hindered by siloed systems. FOLLOW US ON GOOGLE NEWS…

The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

China’s stock market experienced a boom earlier this year, but the rally didn’t last. China’s stock market experienced a boom earlier this year, but the rally didn’t last. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn. Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

JD.com Inc.’s JD 7.82% property and industrials units are targeting to raise about $1 billion each in Hong Kong initial public offerings, people familiar with the matter said, adding to the supply of potentially sizable deals that could hit the market this year.  The Chinese e-commerce giant said on Thursday that it is planning to spin off Jingdong Property Inc. and Jingdong Industrials Inc. by listing both companies in the city.…

Chinese e-commerce firm JD.com Inc reported a higher quarterly adjusted profit on Thursday as China lifted strict pandemic-related curbs late last year.The company's U.S.-listed shares rose 1% in premarket trading.JD.com's net income attributable to ordinary shareholders in the fourth quarter was 3 billion yuan ($430.92 million), compared with a net loss of 5.2 billion yuan a year earlier. Revenue rose 7.1% to 295.4 billion yuan in the three months ended December, missing analysts' estimates of 296.17 billion yuan,…

China's e-commerce market was valued at $2 trillion in 2022, according to GlobalData, and the country also has a rapidly growing middle class, making it an attractive market for American companies.Amazon entered the China market in 2004 through a $75 million acquisition of Joyo.com, an online book and media seller. The joint venture rebranded to Amazon China at the domain Amazon.cn in 2011.E-commerce giants Alibaba Group and JD.com, which both own and operate some of the largest and most trusted business-to-consumer…

China's JD.com is to close its e-commerce services in Indonesia and Thailand, retreating from Southeast Asia after a bruising year for China's retail and technology sectors. JD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units will stop taking orders on February 15. A spokesperson for JD.com said in a statement on Monday that the company will continue to serve global markets, including Southeast Asia, through its supply chain…