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17.11.25 - 12:00
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AI puts wind in the sales of Singles′ Day as Alibaba and JD.com hit retail records (SCMP)
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China's e-commerce giants Alibaba Group Holding and JD.com reported record-breaking sales for the Singles' Day online shopping festival, as the companies looked to artificial intelligence to help boost sales and traffic amid a sluggish economy.
During the event, which ran for almost a month from mid-October, Alibaba's online retail platforms Taobao and Tmall saw more than 34,000 brands double their sales from a year ago, the company said on Saturday.
More than 18,000 brands recorded sales growth......
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13.11.25 - 18:01
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JD.com′s Revenue Beats Estimates, But Profits Slump on Delivery Gamble (Caixin)
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JD.com Inc. beat revenue expectations in the third quarter, but profits took a hit as the Chinese e-commerce company ramped up investment in its fledgling food delivery unit.
The U.S.- and Hong Kong-listed firm reported revenue of 299.1 billion yuan ($42 billion) for the three months ended Sept. 30, a 14.9% increase from a year earlier, exceeding market forecasts. However, net profit attributable to shareholders fell 54.7% to 5.3 billion yuan as spending on emerging businesses more than doubled marketing outlays.
The results underscore JD.com's aggressive strategy to compete in high-frequency consumer services such as food delivery — an effort designed to drive user growth and boost traffic to its core retail platform.
Marketing costs jumped 110.5% year-on-year to 21.1 billion yuan, while fulfillment expenses rose 35.2% to 22 billion yuan. Revenue from JD.com's new businesses — which include its food delivery arm, community group-buying platform Jingxi, and overseas operations — tripled to 15.6 bi...
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13.11.25 - 11:02
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JD.com: Die Zahlen sind da (Der Aktionaer)
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JD.com hat im dritten Quartal besser abgeliefert als erwartet und trotz steigender Kosten den Gewinn deutlich nach oben schrauben können. Nach den positiven Singles-Day-Zahlen kommen auch die Quartalszahlen am Markt gut an. Die Aktie von JD könnte damit möglicherweise das Schlimmste hinter sich haben....
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13.11.25 - 03:36
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Hong Kong stocks fall from 1-month high ahead of Tencent earnings, China data (SCMP)
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Hong Kong stocks retreated from a one-month high on Thursday as investors held off bets ahead of quarterly results from tech bellwethers Tencent Holdings and JD.com, and an array of Chinese economic data for November.
The Hang Seng Index fell 0.1 per cent to 26,888.09 as of 10.06am local time. The Hang Seng Tech Index dropped 0.7 per cent. On the mainland, the CSI 300 Index climbed 0.4 per cent and the Shanghai Composite Index added 0.2 per cent.
Tencent slipped 0.8 per cent to HK$652, with its......
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12.11.25 - 07:36
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JD.com Singles′ Day Sales Jump to Record | The China Show 11/12/2025 (Bloomberg)
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)...
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29.09.25 - 04:36
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Alibaba, JD.com lead Hong Kong stock advance after industrial profits jump (SCMP)
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Hong Kong stocks rose on Monday after data showed a rebound in China's industrial profits, easing concerns over corporate earnings pressure in the world's second-largest economy.
The Hang Seng Index added 1 per cent to 26,375.74 as of 9.55am local time, recovering some of the 1.6 per cent loss recorded last week. The Hang Seng Tech Index rose 1.4 per cent. On the mainland, the CSI 300 Index dropped 0.1 per cent and the Shanghai Composite Index slipped 0.3 per cent.
Technology firms led the rise.......
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27.08.25 - 13:18
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Meituan sales weaken, profit plummets amid ′irrational′ delivery price war (SCMP)
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Chinese on-demand local services giant Meituan saw second-quarter earnings fall, as it faced off against Alibaba Group Holding and JD.com in a costly instant delivery price war.
Beijing-based Meituan on Wednesday reported weaker-than-expected revenue of 91.8 billion yuan (US$12.8 billion) in the quarter ended June 30. That was up 11.7 per cent from 82.2 billion yuan a year earlier, but fell short of the 93.7 billion yuan estimate by analysts.
Net profit for the period tumbled 96.8 per cent to......
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18.08.25 - 08:36
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JD.com quarterly sales beat expectations but food delivery foray slices profit (SCMP)
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JD.com's revenue grew a faster-than-anticipated 22 per cent in the June quarter, benefiting from government-directed consumer subsidies as well as an aggressive drive into new arenas such as food delivery.
The Nasdaq-listed shares of China's top online retailer by revenue rose about 1 per cent in pre-market US trading.
The Beijing-based company reported sales of 356.7 billion yuan (US$49.7 billion) for the quarter ended June 30, about 6 per cent above projections.
Net income halved to 6.2......
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