JD.com
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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.
Tourists take photos under the Christmas decorations outside the Ocean Terminal in Tsim Sha Tsui. Photo: Jelly Tse
Hong Kong stock market

Hong Kong stocks reverse gains as investors take profits before Christmas break

Losses in tech heavyweights like Kuaishou, Tencent and Xiaomi pull Hang Seng Index lower after advancing in the morning session.

E-commerce

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Trending in China

China ALS woman holds farewell party, says disease cannot beat ‘optimism, love, hope’

Mainland China

Why retailers are beating a hasty retreat from mainland China

Hong Kong retailer Mannings will cease online operations from December 26 and close its physical stores after January 15.

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Mannings is one of Hong Kong’s largest health and beauty retailers. Photo: Jonathan Wong
Ant Group

China fintech giant Ant upgrades AI health app to tap eldercare, wellness demand

App AQ integrates Apple and Huawei devices, adds family health profiles and smart reminders to boost user engagement.

Artificial intelligence

Arm China, RabbitPre among mainland Chinese firms expanding in Hong Kong

Arm China is among the fifth batch of companies brought to Hong Kong by OASES, which has so far drawn more than 102 firms.

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China consumption

Reporter’s notebook: home test kit takes headache out of Beijing healthcare

Rapid test for flu and other respiratory ailments makes it easy to avoid long queues, showcases Chinese economy’s consumption potential.

People queue up in the outpatient area of a Beijing hospital’s respiratory disease department in January. Photo: AFP
IPO

Faltering debut for Jingdong Industrials as US$383 million Hong Kong IPO dips 2.6%

JD.com’s business-to-business unit tested investor appetite for Chinese supply-chain technology stocks.

Hong Kong economy

Opinion | How Hong Kong became the trusted bridgehead for China firms going out

Firms eager to escape oversupply and involution at home are looking to leverage Hong Kong’s trusted institutional interface.

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Hong Kong property

JD.com’s US$450 million stake in Hong Kong Central tower eases Lai Sun debt woes

JD.com’s latest Hong Kong investment – a half stake in China Construction Bank Tower – will ease balance sheet pressure at Lai Sun.

JD.com has been expanding its operations in Hong Kong. Photo: Reuters
Hong Kong stock market

Hong Kong stocks extend losses amid rate-cut caution, muted China policy outlook

Global banks cite lack of urgency in policy signals; Wall Street retreat adds pressure on sentiment.

Shares of Semiconductor Manufacturing International Corporation decline in early Tuesday trading in Hong Kong. Photo: Shutterstock
Banking & finance

China’s JD.com unit Jingdong Industrials aims for US$412 million Hong Kong IPO

Seven cornerstone investors led by London-based M&G Investments pledge a total of US$170 million.

Banking & finance

From chips to noodles: the newcomers testing Hong Kong’s buoyant IPO market

A wave of billion-dollar offerings is building behind four new listings this week, signalling sustained momentum in Hong Kong’s IPO market.

Alibaba

Meituan swings into loss in ‘milk tea’ subsidy war with instant commerce rivals

Hefty subsidies on milk tea and lunchboxes drive Meituan from profit to loss, underscoring the ferocity of the war to reshape food delivery.

Hefty subsidies on milk tea and lunchboxes are driving Meituan from profit to loss. Photo: Shutterstock
Alibaba

Alibaba launches US$537 Quark AI glasses to challenge devices from Meta, Xiaomi

The glasses are expected to ‘usher in a revolution in human-computer interaction in the AI era’, Alibaba vice-president Wu Jia says.

Alibaba Group Holding’s Quark AI Glasses are named after the company’s Quark AI assistant. Photo: Handout
Hong Kong stock market

Hong Kong stocks post longest win streak in 2 weeks

US consumer confidence dropped and retail sales remained sluggish, increasing bets on a US interest-rate cut at the Fed’s December meeting.

E-commerce

JD.com steps up on-demand local services battle with food app and review platform

The e-commerce giant is betting on food delivery and an anti-fake review platform to sharpen its challenge to leaders Meituan and Alibaba.

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Artificial intelligence

China targets AI-powered price manipulation in new antitrust guidelines

Market regulator SAMR outlines risks of collusion, unfair subsidies and walled gardens in online platforms.

The guidelines zero in on the sophisticated, often opaque ways in which online platforms with significant market power can exploit technological advantages to exclude rivals and harm consumer interests. Photo: Shutterstock
E-commerce

AI puts wind in the sales of Singles’ Day as Alibaba and JD.com hit retail records

From algorithmic promotions to AI chatbots, Alibaba and JD.com use new tools to hit Singles’ Day records and defy a sluggish economy.

Sovereign wealth fund

Singapore’s Temasek invests in WeRide, Pony.ai to boost China tech holdings

Temasek’s latest deals reflect the 51-year-old investment giant’s focus on forward-looking technologies.

US-listed Chinese stocks

US funds tread carefully on China as Oaktree and Appaloosa adjust bets

Oaktree exits KE Holdings, billionaire David Tepper’s Appaloosa boosts Baidu stake and Bridgewater stays away from China in third quarter.

Oaktree Capital, founded by notable investor Howard Marks, has sold all of its 1.5 million shares valued at US$26.8 million in KE Holdings, a Chinese online property platform. Photo: Bloomberg
US-China tech war

Rokid’s AI eyewear joins the quest to be the biggest thing since the smartphone

Start-up Rokid is teaming up with eyewear brand Bolon on lightweight AI glasses as competition heats up to deliver the next ‘iPhone moment’.

The Rokid AI glasses (left) and the newly launched Bolon-branded AI glasses without a display. Photo: Wency Chen
Hong Kong stock market

Hong Kong stocks slide on soft China economic data, fading US rate cut bets

China’s October data points to a further slowdown this quarter, while a cloudy US rate cut outlook and frothy valuations dent sentiment.

Hong Kong stock market

Hong Kong stocks post longest winning streak in 2 months

Alibaba rallies on reports that the e-commerce giant plans to revamp its main app with more AI features that could challenge ChatGPT.

Artificial intelligence

Big Tech firms bet big on AI glasses, as Ant offers iris authentication

Heavyweights including Alibaba, Baidu and Xiaomi are vying to dominate what a market research firm calls a ‘war of 100 smart glasses’.

Chinese electronics makers Xiaomi and Meizu will be the first to offer Ant’s AI-based iris verification feature. Photo: Handout
Alibaba

Alibaba doubles down on ‘super-scale’ computing infrastructure for AI sector

Alibaba’s ‘super AI cloud’ will have the required technology to meet the industry’s massive computing demand, CEO Eddie Wu Yongming says.

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Alibaba Group Holding CEO Eddie Wu Yongming speaks at the opening of the World Internet Conference Wuzhen Summit on Friday. Photo: Reuters
Made in China 2025

Unitree, AgiBot robots steal the show at Shanghai’s import expo

Humanoid robots and cyber dogs are among the showstoppers that help companies gain sales opportunities at the CIIE.

Hong Kong stock market

Hong Kong stocks slump on weak China exports, soft US jobs market

Alibaba, Tencent and Kuaishou lead the declines as Chinese tech giants track the sell-off on Wall Street.

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