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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.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'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
JD.com Announces USD 5 Bln New Share Repurchase Program
JD.com, 8/27/24
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) today announced that its board of directors (the "Board") has approved a new share repurchase program (the "New Share Repurchase Program"), effective from September 2024. Read More
GigaCloud Responds to Grizzly's Short-Seller Report
GigaCloud, 5/23/24
GigaCloud Technology (Nasdaq: GCT), a Chinese provider of global end-to-end B2B technology solutions for large parcel merchandise, today issued the following statement in response to the claims made in a report by Grizzly Research LLC, a short-seller, issued on May 22, 2024. Read More
JD.com's Ochama Launches Premium-Global-Goods and Everyday-Low-Price Channels
JD.com, 1/10/24
JD.com (Nasdaq: JD; 9618.HK) announced today that ochama, the Chinese B2C e-commerce platform operator and retail infrastructure service provider's omni-channel retail operation in Europe, is rolling out a series of enhancements to its product range and services. Read More
JD Industrials Introduces 'Full Chain' End-to-End Supply Chain Solution
JD.com, 9/04/23
Chinese industrial supply chain technology and services provider JD Industrials, a subsidiary of B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK), unveiled its end-to-end supply chain solution, "Full Chain," during the company's partners summit in Shanghai on August 31. Read More
JD.com Announces '35711 Vision' for the Next Twenty Years
JD.com, 6/18/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) celebrated its 20th anniversary on June 18 by announcing ambitious goals for the future. Read More
Alibaba Launches 'AliExpress Choice' Deep Discount Service
Alibaba Group, 2/28/23
AliExpress, a global retail marketplace operated by Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), officially announced today the launch of a new service, "AliExpress Choice," which will offer a curation of the best value products the platform has to offer and a new monthly shopping event "Choice Day." Read More
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