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JD.com's Ochama Launches New Warehouse in Poland

JD.com, 10/30/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) today announced that ochama, the company's omni-channel retail brand in Europe, has launched a new automated warehouse in Poland, aimed at boosting operational efficiency and enhancing customer experience throughout the region. Read More

Alibaba Group to Pay USD 433.5 Mln to Settle Shareholder Class Action Lawsuit

Alibaba Group, 10/27/24

Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK) announced today in a filing with the Hong Kong Stock Exchange that it had agreed to pay USD 433.5 mln to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices. Read More

Autonomous Driving Startup WeRide Sets Nasdaq IPO Pricing at USD 15.50

WeRide, 10/25/24

Guangzhou-based autonomous driving start-up WeRide (Nasdaq: WRD) today announced the pricing of its initial public offering of 7,742,400 American depositary shares ("ADSs") at a price to the public of USD 15.50 per ADS. Read More

JD Logistics to Double Overseas Warehousing Capacity by End of 2025

JD.com, 10/17/24

JD Logistics (2618.HK), the logistics arm of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK), announced today plans to double its overseas warehouse space by the end of 2025. Read More

JD.com to Launch 2024 Singles Day Promotion Featuring Over 1 Bln New Products

JD.com, 10/11/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced the official launch of its 2024 Singles Day Grand Promotion, set to begin at 8:00 P.M. Read More

JD.com Acquires Walmart's Stake in Dada Nexus

JD.com, 9/17/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today in a Hong Kong stock exchange filing that, via a wholly-owned subsidiary, it has acquired Walmart's entire stake in on-demand delivery service firm Dada Nexus (Nasdaq: DADA). Read More

JD.com's Ochama Adds New Pickup Points, Expands Next-Day Delivery Options in France

JD.com, 9/05/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) today announced that ochama, the company's omni-channel retail brand in Europe, has made an expansion of its pickup point network in the Paris region to improve fulfillment efficiency across France. Read More

Balenciaga Opens Flagship Store on JD.com

JD.com, 9/03/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced that French-Spanish luxury fashion brand Balenciaga today unveils its official flagship store on JD.com. Read More

JD.com Commits RMB 1 Bln to Establish JD Fashion as Premier Fashion Destination

JD.com, 8/30/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced an expansion in its apparel business with an additional investment of RMB 1 bln aimed at establishing JD Fashion as a leading destination for stylish global apparel. Read More

Best Inc. Expands into Indonesia with Cross-Border and SaaS Services

Best Inc., 8/29/24

Chinese smart supply chain and logistics services company Best Inc (NYSE: BEST) today held an opening ceremony in North Jakarta, Indonesia, announcing the official launch of cross-border supply chain services and full-scenario, full-link SaaS solution services in Indonesia. Read More