JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services,
2023-06-26 14:20
Optimism Rises in China Tech With World-Beating Rally
A world-beating rally in Chinese tech stocks this month is shoring up confidence that the once-beleaguered sector may
2023-06-20 10:54
TikTok Seeks $20 Billion E-Commerce Business Despite US Setback
ByteDance Ltd.’s TikTok aims to more than quadruple the size of its global e-commerce business to as much
2023-06-08 09:24
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:26
Sequoia Splits Into Three Entities, Makes China Standalone Firm
Sequoia Capital, the venture capital powerhouse, is breaking up into three entities across the globe, splitting the Chinese
2023-06-06 18:59
Chinese Stocks in US Rally on Sign That Policy Support May Come
US-listed Chinese stocks jumped in premarket trading after Bloomberg News reported that regulators are considering new measures to
2023-06-02 20:17
Hillhouse Hires Ex-Deutsche Bank’s Hari for Private Credit
Asia-based asset manager Hillhouse has hired Deutsche Bank AG’s Siddhartha Hari to help expand private credit investments, according
2023-06-02 10:52
Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off
2023-05-18 21:53
Loving trainers: JD Sports' profit to top 1 billion pounds
By James Davey LONDON (Reuters) -JD Sports Fashion said on Wednesday it expected profit to exceed 1 billion pounds ($1.3
2023-05-17 17:19
Tencent’s Revenue Grows Most in Over a Year After China Reopens
Tencent Holdings Ltd. grew revenue at its fastest pace in more than a year, fueling hopes the world’s
2023-05-17 16:57
JD’s CEO Exits After a Year at the Helm as Growth Dwindles
JD.com Inc.’s chief executive officer is departing after about a year at the post, a surprise move that
2023-05-11 20:16
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
2023-05-10 18:55