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

Bonds

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

China shipbuilding

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

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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.

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.

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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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Hong Kong’s stablecoin initiative is part of efforts strengthen the city’s bid to become a global digital asset hub. Photo: Getty Images
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’.

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.

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.

A general view of prime commercial buildings in Hong Kong’s Central district. Photo: UCG/Universal Images Group via Getty Images
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.

German Chancellor Friedrich Merz is given a tour of Unitree by CEO Wang Xingxing. Photo: DPA
E-commerce

JD.com renews on-demand delivery fight with US$2.9 billion in grocery subsidies

JD.com says the subsidies will make the ‘Billion-Yuan Supermarket’ its largest subsidised product category, surpassing electronics.

China manufacturing

A boat in every dock? Chinese billionaire unveils plan for mass yacht production

JD.com founder Richard Liu has launched a nautical brand with a massive investment in yacht production, aiming to make ownership affordable.

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Artificial intelligence

Zhipu AI’s shares tumble nearly 23% on computing woes, user complaints

The Hong Kong-listed firm is the first Chinese AI developer to issue a public call urging support for its GLM model.

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Zhipu apologised on Saturday after users in China and overseas reported issues with the company’s flagship “GLM coding plan” product. Photo: Shutterstock
Robotics

China’s humanoid robot orders surge after Spring Festival spotlight

Interest also spiked in Noetix’s Bumi, a companion robot that appeared in a family-themed comedy sketch at the gala.

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Robots perform during China Central Television’s Spring Festival Gala 2026 on Monday. Photo: Handout
China jobs

Year-end bonuses shrink in China amid slowing growth, report finds

As China heads into the Year of the Horse, its firms’ bonuses have slowed to a trot, with many employees missing out completely.

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Hong Kong stock market

Hong Kong stocks rise to wrap up best lunar-year performance in eight years

As market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.

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Artificial intelligence

Beijing warns tech giants to curb ‘involution’ amid AI giveaway war

Companies should ‘uphold a fair and competitive’ environment to ‘foster innovation and healthy development’, regulator says.

An advertisement for ByteDance’s cloud and AI service platform Volcano Engine and chatbot Doubao hangs in Beijing Capital International airport in Beijing on February 5, 2026. Photo: AFP
Meituan

Meituan warns of US$3.5 billion loss amid intense food delivery price war

Food delivery giant expects losses to continue into at least the first quarter of 2026 ‘due to ongoing competition’.

Hong Kong stock market

Hong Kong stocks slip as regulator summons tech firms over train tickets

Approaching Lunar New Year holiday also dampens investors’ enthusiasm for technology stocks, analyst says.

Trending in China

Stars with names sounding like Chinese character for horse gain popularity in China

Names hold deep significance in Chinese culture, symbolising hope, luck, and prosperity, especially during the Lunar New Year.

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Draco Malfoy, middle on top row, a fictional character from the Harry Potter series, along with celebrities whose names resemble the Chinese character “Ma,” have unexpectedly gained popularity in China. Photo: SCMP composite/Shutterstock/Sohu/Weibo/Douyin/IG@t22felton
Hong Kong stock market

Hong Kong stocks drop as mainland tech firms, metals and crypto slide

Hang Seng Index follows US declines as AI worries and falling prices for gold, silver and cryptocurrency rattle investors.

A view of Exchange Square, home of bourse operator Hong Kong Exchanges and Clearing, on December 30, 2025. Photo: Sun Yeung
China trade

China’s outbound investment surges to 7-year high amid data centre, energy boom

Chinese investment is increasingly focusing on energy and raw materials projects in low and middle-income regions, report finds.

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Artificial intelligence

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence.

Trending in China

Book on Guandan, China poker-like game, accepted into Harvard Library; nation’s premier is a fan

Author says penetrating academia in US will help spread knowledge about game which means ‘throwing eggs’ in English.

The English version of The Essence of Guandan, a book about a poker-like Chinese card game, has been accepted into libraries at top US universities. Photo: SCMP composite/sinobook.com.cn/Getty Images
Sweden

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

Meituan delivery riders gather during a break in a commercial district in Chongqing, China, on November 21, 2025. Photo: Getty Images
China trade

What has UK PM Starmer achieved in China – and what next for Sino-British ties?

The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.

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Hong Kong stock market

Hong Kong stocks rise for seventh day, briefly cross 28,000 mark

Zijin, CNOOC, PetroChina, Longfor and China Overseas Land lift Hang Seng Index from early slump.

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