NewsJD.com CEO Xu Lei to step down after only 1 year at the postThis leadership change comes as Chinese e-retailer’s Q1 results beat expectations. 2 mins read
China authorities say to be wary of hype as companies chase AI opportunities. NewsAlibaba, Tencent, and Baidu join the ChatGPT rush3 mins read
Expanding air freight capabilities is the next strategic move for courier delivery companies that want to remain competitive. InsightsAir freight — the new battle arena for courier companies5 mins read
Latest outbreak hurts consumers and supply chains more severely, Xu Lei says. NewsChina lockdowns a ‘double killer’ of online, offline businesses, says JD.com CEO2 mins read
Shares drop as much as 18% after latest results from Alibaba rival. NewsJD.com posts first annual loss since 2018 as new businesses bleed cash3 mins read
The government will tighten supervision on platform companies in 2022, a regulatory official said. NewsChina’s market regulator fines Tencent, Alibaba, others for M&A deals2 mins read
In October 2021, Amazon closed down its Kindle flagship on Taobao. NewsA Kindle shortage is fueling the theory that Amazon is leaving China2 mins read
This will be the largest shareholder dividend ever issued by a Chinese internet company. NewsTencent reduces its stake in JD.com by distributing most of its holdings to shareholders as dividends2 mins read
JD’s stock rallies on quarterly results and Alibaba’s weak performance. NewsJD.com posts 25.5% surge in revenue for Q3, beating estimates2 mins read
NewsDeals in brief: Oneteam and Locad raise funding, Atome Financial lands syndicated credit facility, Panmnesia nets over USD 60 million, and more