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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

MIIT: China's Mobile Subscriber Base Up 7.5 Mln in September 2024

MIIT, 10/23/24

China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of September 2024, during which China's total number of mobile service subscribers increased by 7.54 mln to reach nearly 1.786 bln. Read More

China's Three Main Telcos Report September 2024 Subscriber Totals

Marbridge Consulting, 10/22/24

The listed arms of China's three main telecom operators have announced their subscriber totals for the month of September 2024. 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

MIIT: China's Mobile Subscriber Base Up 6.4 Mln in August 2024

MIIT, 9/25/24

China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of August 2024, during which China's total number of mobile service subscribers increased by 6.40 mln to reach over 1.778 bln. Read More

China's Three Main Telcos Report August 2024 Subscriber Totals

Marbridge Consulting, 9/20/24

The listed arms of China's three main telecom operators have announced their subscriber totals for the month of August 2024. 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