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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

JD.com Invests RMB 1 bln to Incentivize Video Content Creation

JD.com, 4/11/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced yesterday an investment of RMB 1 bln in cash incentives aimed at attracting a wider pool of video content creators and institutions to its platform. Read More

China's MIIT Releases Preliminary 2022 Telecom Industry Statistics

MIIT, 1/19/23

Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More

JD Logistics Launches Second Warehouse in Dubai

JD.com, 12/05/22

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), recently announced the opening of its second warehouse in Dubai, the United Arab Emirates. Read More

Alibaba's Rebrands Community Marketplaces Business to 'Taocaicai'

Alibaba Group, 9/17/21

Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK) announced today that on September 14, it rebranded its community marketplaces business to "Taocaicai" from Taobao Grocery and Freshippo Market. Read More

Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020

CAICT, 1/07/21

As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion

JD.com, 6/19/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More

JD Health Launches iOS App Following Its Android Version

JD.com, 3/17/20

JD Health, the healthcare subsidiary of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD), officially launched the iOS version of its mobile app today. Read More

Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019

CAICT, 1/14/20

Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

China's Domestic Smartwatch Phone Market Sees 17 Mln Shipments in Q1-Q3 2019

CAICT, 11/04/19

During the first three quarters of 2019, total smartwatch phone shipments in China reached approximately 17.4 mln units, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More