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Tag: JD.com Inc

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

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Dear Alibaba, thank you for the $10 trillion gift, Retail News, ET Retail

By Shuli RenHas the golden age of asset management finally arrived in Asia? For years, Asia’s hottest unicorns left their homelands to list in New York for one simple reason: a deep pool of U.S. money. And they have been rewarded. From Alibaba Group Holding Ltd. to JD.com Inc., more than a dozen Chinese companies …

Dear Alibaba, thank you for the $10 trillion gift, Retail News, ET RetailRead More

Record sales on biggest shopping day

A screen shows the gross merchandise volume, a measure of sales, after 12 minutes 49 seconds of Singles Day sales, as it reaches about 7,147,554,107 USD in Hangzhou in China’s eastern Zhejiang province early on November 11, 2019. AFP | Getty Images Chinese e-commerce giant Alibaba set a new sales record on Singles Day, the …

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