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03.03.26 - 16:45
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Is JD.com (JD) a Buy as Wall Street Analysts Look Optimistic? (Zacks)
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Based on the average brokerage recommendation (ABR), JD.com (JD) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?...
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26.02.26 - 13:36
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JD.com renews on-demand delivery fight with US$2.9 billion in grocery subsidies (SCMP)
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JD.com is making a renewed push into its online supermarket business with a subsidy programme worth more than 20 billion yuan (US$2.9 billion) over three years, a move aimed at defending its position in China's e-commerce and on-demand grocery sectors.
In a statement on Thursday, JD.com said the subsidy would cover products on a dedicated channel called “Billion-Yuan Supermarket”, under its JD Supermarket service. The aim was to help vendors generate an additional 200 billion yuan in sales over......
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16.02.26 - 02:54
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Hong Kong stocks slip in light trading as investors prepare for Lunar New Year break (SCMP)
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Hong Kong stocks fell on Monday, led by major tech heavyweights, as investors trimmed positions and locked in profits while trading turned muted ahead of the Lunar New Year break.
The Hang Seng Index slid 0.3 per cent to 26,501.20 at the open. The Hang Seng Tech Index dropped 0.2 per cent.
E-commerce major Alibaba Group Holding slumped 1.8 per cent to HK$152.60, and peer JD.com dropped 0.7 per cent to HK$105.50. Search-engine operator Baidu fell 1.5 per cent to HK$133.80, and food-delivery......
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15.02.26 - 07:36
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Beijing warns tech giants to curb ′involution′ amid AI giveaway war (SCMP)
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China's top market regulator has summoned the country's leading tech companies to demand an end to “involutionary” competition, at the time when the companies are pouring billions of yuan into a Lunar New Year promotional blitz to win over users for services including artificial intelligence apps.
The companies summoned on Friday were Alibaba Group Holding, ByteDance's Douyin, Baidu, Tencent Holdings, JD.com, Meituan and Taobao Instant Commerce, Alibaba's on-demand delivery unit, the State......
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13.02.26 - 15:18
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China′s Meituan warns of US$3.5 billion loss amid intense food delivery price war (SCMP)
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China's food delivery giant Meituan on Friday warned that it expected to post a loss of up to 24.3 billion yuan (US$3.5 billion) for 2025 due to “intense industry competition”, with the slump likely to persist this year.
The sharp reversal from 2024, when the company posted a profit of 35.8 billion yuan, comes on the back of one of China's most intense price wars last year between Meituan, Alibaba Group Holding and JD.com in local e-commerce and food delivery, which only subsided after......
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