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JD-SW (09618.HK) and amazon.cn jointly announced that the official amazon.cn flagship store officially switched on at the JD platform, bringing consumers more than 400,000 hot-selling overseas products from over 12,000 international brands, and providing cross-border shopping services, such as free shipping of global goodies for...
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Ou Wenwu, former director of search and recommendation division and a senior algorithm expert at BABA-W (09988.HK), resigned from JD-SW (09618.HK) only a few months after joining the company, following his departure from KUAISHOU-W (01024.HK), with his future career path unclear, Chinese media quoted sources as saying.~AAStocks ...
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PDD Holdings (PDD.US) reported weaker-than-expected quarterly results, UBS released a research report saying. 3Q24 revenue amounted to RMB99 billion, up 44% YoY, missing estimations by 3%. Adjusted net profit was RMB27.5 billion, 7% below expectation, mainly due to gross profit margin drag from temporary unfavorable mix shift on...
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JD-SW (09618.HK)(JD.US) and COSCO Shipping nailed a strategic cooperation, signifying that the two companies will embark on extensive and in-depth cooperation in various areas, such as supply chain, logistics, cross-border e-commerce, smart warehousing and industry, helping to shape a more resilient global supply chain.Pursuant ...
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U.S. hedge funds increased stakes in U.S.-listed Chinese ADRs in 3Q, with most purchases in JD.com (JD.US) and GDS Holdings (GDS.US), according to a report by Goldman Sachs, cited Reuters. U.S. hedge fund positions in Chinese ADRs rose to the highest level since the end of 2021.About 25% of U.S. long and short equity funds had l...
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