JD.com

Dada Nexus’ IPO marks the second China-based company aiming to go public in the US after the Luckin Coffee scandal involving fraudulent financials.

The app is still not available to the public, but might be at the end of May.

The Double Five shopping festival is part of measures to boost consumer spending, which has slowed during the COVID-19 outbreak.

Cloud services are set to boom as e-commerce props up SMEs amid post-COVID-19 economic recovery.

Neolix develops autonomous transportation solutions for a variety of uses, from parcel delivery to mobile vending machines, and expects to break even in 2020.

The VC/PE firm that backed Tencent and JD.com is reloading USD 13 billion for future investments.

Chinese vendors sold a total of 73.2 million smartphones, down by 22% YoY due to the COVID-19 pandemic.

With JD Cloud & AI as partner, Cloudflare plans to establish 150 new data centers in mainland China.