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JD.com
TOPIC
 / company

JD.com

JD.com
JD.com
Founded by Richard Liu Qiangdong in 1998, JD.com’s business-to-consumer (B2C) e-commerce platform has become China’s second largest online B2C retailers, specialising in electronics, smartphones, and gadgets. JD.com is a key rival of Alibaba’s e-commerce platforms Tmall and Taobao.
DeepSeek long rejected external funding to focus on pursuit of artificial general intelligence. Photo: AFP
DeepSeek

China’s DeepSeek nears US$7 billion haul in first-ever funding round

DeepSeek’s founder and CEO Liang Wenfeng is reportedly committing around 20 billion yuan of his own capital.

China-EU relations

The era when Europe viewed China as a partner is over, Brussels insider warns

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China-EU relations

JD.com’s US$2.6 billion bid for Germany’s Ceconomy faces deeper EU scrutiny

China-EU relations

EU heavyweights back industrial accelerator as China shock fears grow

Highlighting urgency, bloc’s major members offer qualified support of legislative proposal that has deepened tensions with Beijing.

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Adolfo Urso, Italy’s business minister, urges the EU to move quickly and pass the Industrial Accelerator Act. Photo: EPA
China-EU relations

European leaders get ready to ‘act now’ amid rising fears of ‘China shock 2.0’

Ahead of a key debate on Friday, most commissioners said to support a more robust stance and broader use of safeguard measures.

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China manufacturing

How China emerged as a major exporter of these ‘premium quality’ products

Food, fashion and cosmetics have helped turn the country into a force in the fast-growing multi-trillion US dollar market.

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Artificial intelligence

Chinese tech giants race to dominate AI-powered digital gateways

The integration of agentic AI with sites like Taobao and JD.com is reshaping shopping, but the bigger promise is an agent within WeChat.

A Taobao and Tmall display is seen at the Alibaba office in Beijing on April 1. Photo: AFP
Artificial intelligence

AI | China’s tech giants look to rewrite the e-commerce playbook with AI agents

The nation’s over 900 million e-commerce users are taking part in an experiment where rigid search terms are replaced by natural dialogue.

E-commerce

JD.com reports 53% decline in first-quarter profit to US$750m

The subdued results came after the firm reported its first quarterly loss in the fourth quarter last year amid an ongoing price war.

Hong Kong economy

Small grocers’ neighbourhood links can help them beat price war, experts say

Latest price war erupted ahead of Mother’s Day with ParknShop, Wellcome offering 12 per cent off for shoppers who met minimum spending threshold.

A customer at ParknShop’s store in Tai Hang. Photo: Edmond So
2026 Xi-Trump summit

China tells close Trump ally its wish list ahead of US leader’s Beijing trip

Premier Li Qiang and top diplomat Wang Yi call for stability in China-US ties during meetings with Senator Steve Daines.

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Chinese Premier Li Qiang and US Senator Steve Daines pose for photos ahead of their meeting at the Great Hall of the People, in Beijing on Thursday. Photo: Pool via Reuters
China trade

Durian Express? China brings in cheaper fruit with new Southeast Asia train

A new cold-storage rail service is whisking mountains of durians from Thailand to China, reducing prices for the prized fruit.

DJI

No-drone zone: DJI, consumers grapple with Beijing sales ban

Stores empty shelves as e-commerce sites including Alibaba’s Taobao and JD.com stop shipments to comply with ban effective on Friday.

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Consumers

Ikea to open first small-format Beijing store to tap changing consumer trends

The Tongzhou district outlet marks the furniture retailer’s pivot to compact formats as China’s property slump hits home-furnishing demand.

Ikea’s smaller stores focus on design services and curated product selections, rather than maintaining extensive on-site inventory, according to analysts. Photo: Handout
Alibaba

Alibaba’s plan to list Cainiao logistics hub will ‘unlock’ value, analysts say

The Reit’s underlying asset will be Jiaxing Park, a key Cainiao logistics and fulfilment facility located in Zhejiang province.

A Cainiao post station seen in Jiangmen, Guangdong province on February 14, 2024. Photo: Simon Song
Pop Mart

Pop Mart comes with a cool idea for red-hot Labubu: mini-fridges

The Chinese toymaker is launching two limited-edition Labubu-themed mini-refrigerators priced at US$878 each.

E-commerce

Hidden office, fractured bone: violent clashes in China’s food safety crackdown

Details of secrecy, obstruction and violence emerge from a probe into 67,000 ‘ghost’ bakeries across China’s biggest e-commerce platforms.

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E-commerce

Chinese platforms fined 3.6b yuan over ‘ghost’ takeaways amid cutthroat rivalry

The fines follow a period of intense competition that drove down prices and stalled profit-making at China’s food delivery platforms.

Delivery riders sit on electric scooters while waiting for orders at a street intersection in Shenzhen, Guangdong province. Photo: Getty Images
Bonds

China’s JD.com returns to dim sum bond market with 10b yuan offering

The e-commerce giant is issuing the yuan-denominated notes in two tranches of 7.5 billion yuan and 2.5 billion yuan.

China shipbuilding

China’s high-end yacht owners say industry growth stifled by structural gaps

Shipowners say billionaire Richard Liu’s new venture to make yacht ownership more affordable will need to surmount significant challenges.

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Mainland China

Meituan posts second consecutive quarterly loss amid instant commerce battle

The Beijing-based company had a challenging 2025 after local e-commerce giant JD.com jumped into food and grocery deliveries.

Meituan food delivery riders gather during a work break in Chongqing on November 21, 2025. Photo: Getty Images
China’s private sector

China’s obesity drug makers take on global giants as Novo Nordisk patent expires

Patent expiry of blockbuster drug opens door for Chinese drug makers to challenge multinationals in booming weight-loss market.

Semaglutide generated about US$35 billion in global revenue last year. Photo: AFP
Hong Kong stock market

Hong Kong stocks advance as tech sector lifts sentiment amid prolonged conflict

Hang Seng Index climbs, driven by tech firms, helping investors look past prolonged Middle East hostilities.

Fintech

Exclusive | HSBC, Standard Chartered tipped to win Hong Kong stablecoin licences in 2 weeks

The approvals would mark a milestone in Hong Kong’s push to regulate stablecoins while positioning itself as a global digital asset centre.

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China stock market

Chinese firms with success in global push poised to reap profit rewards

High commodity prices also a factor as mainland-listed firms set to continue outperforming Hong Kong peers battered by ‘involution’.

People cross the street beneath a screen showing stock exchange data in Shanghai on March 9, 2026. Photo: EPA
E-commerce

JD.com posts quarterly loss amid costly instant delivery battle

Profit for 2025 cut in half amid expensive fight with Alibaba and Meituan, as well as dampened consumer spending.

JD.com said in a post-earnings call that investment in its food delivery operations would decline this year. Photo: Reuters
Hong Kong property

Can HKIC fix Hong Kong’s 15 million square-foot office vacancy problem?

Attracting foreign institutions might prove difficult amid the commercial property sector’s elevated vacancy rates and uncertain recovery.

Robotics

Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs

Hangzhou visit reflects Germany’s attempt to work further with the engines of China’s digital and robotics economy.

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