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JD.com

Women walk inside a fashion accessories store displaying Singles’ Day discounts at a Beijing shopping centre on November 11, 2024. Photo: AP

Alibaba, JD.com claim big win in Singles’ Day sales as consumption picks up pace

The two e-commerce giants reported a large number of active buyers in this year’s edition of the world’s largest annual shopping festival.

13 Nov 2024 - 12:58AM

Alibaba sees Singles’ Day campaign pay off with strong sales in major categories

12 Nov 2024 - 1:37AM

Chinese e-commerce platform JD.com to accept Alipay as ‘walled gardens’ fall

31 Oct 2024 - 7:00AM

Horizon Robotics’ shares jump 28% in Hong Kong trading debut

Shares of Beijing-based tech firm changed hands at HK$5.12 when trading began, versus the IPO price of HK$3.99.

24 Oct 2024 - 6:02PMvideocam

Yu Kai, the chairman and chief executive of Horizon Robotics, at the trading debut of the company’s shares on the Hong Kong stock exchange. Photo: Aileen Chuang

Alibaba starts Singles’ Day direct sales, with strong demand for Apple products

The encouraging start to Singles’ Day sales for the country’s largest online retail platforms augurs well for consumer spending on the mainland.

22 Oct 2024 - 7:53PM

Apple’s iPhone 16 sees further price cuts as part of Singles’ Day promotions

Alibaba’s Tmall, JD.com and Pinduoduo introduced further iPhone 16 discounts as part of their respective Singles’ Day campaigns.

22 Oct 2024 - 2:07AM

JD.com issues apology to customers after Singles’ Day campaign sparks backlash

The adverse reaction to stand-up comedian Yang Li shows that JD.com underestimated how she is constantly targeted by male internet users.

18 Oct 2024 - 10:36PM

Chinese female stand-up comedian Yang Li’s Single’s Day collaboration with JD.com triggered an online backlash. Photo: Handout

Alibaba sees double-digit sales growth for Singles’ Day in Hong Kong

The rosy prediction comes on the back of a US$142-million promotion that waives delivery fees on certain orders for Taobao users in the city.

18 Oct 2024 - 8:30AM

Alibaba opens walled garden to rival JD.com’s logistics services

China’s tech giants have been breaking down the digital walls between their ecosystems in response to Beijing’s call.

17 Oct 2024 - 8:23AM

Alibaba, JD.com, Pinduoduo kick-start Singles’ Day promotions on same day

The e-commerce rivals’ respective promotions look to benefit from healthier consumer spending on the back of Beijing’s stimulus measures.

14 Oct 2024 - 8:29PM

Singles’ Day promotions of China’s major e-commerce players have stretched into weeks, covering sales at both online platforms and bricks-and-mortar stores. Photo: Shutterstock

Alibaba, JD.com battle it out in Hong Kong as mainland China market matures

Both firms have increased investments in the city, waiving delivery fees for some orders and boosting services such as local product returns.

3 Oct 2024 - 8:37PM

Mistimed exits cost key investors US$3 billion in China’s stock rally

Beijing’s stimulus package has boosted Chinese stocks, but some investors missed out on billions in potential gains by selling their shares before the rally.

3 Oct 2024 - 4:42PM

FinTech Week highlights AI, Chinese companies as Web3 hype fades

Two years after showcasing Hong Kong’s crypto pivot, FinTech Week organisers say the event can serve as an incubation platform for frontier technologies.

2 Oct 2024 - 11:38AM

JD Industrials files a second IPO attempt in Hong Kong amid boom

The company submitted its second IPO application after a first attempt failed last year due to tepid market conditions.

1 Oct 2024 - 7:49PM

A screen displayed the Hang Seng Index in Central. Photo: SCMP/Sam Tsang

Alibaba looks on course for a turnaround amid investor frenzy for Chinese stocks

The renewed positive market sentiment for Alibaba reflects its resilience after struggling in recent years.

27 Sep 2024 - 9:00PM

Alibaba is among a number of Chinese tech stocks that received a boost this week, following Beijing’s surprise market-support measures. Photo: Shutterstock

Alibaba prepares US$5.7 billion war chest for Singles’ Day merchants

Taobao and Tmall plan to give out 30 billion yuan in consumer vouchers and use 10 billion yuan worth of resources to boost traffic amid e-commerce competition.

26 Sep 2024 - 7:00AMvideocam

Explainer | How 5 international brands are growing in China despite spending downturn

Arc’teryx, Adidas, Ralph Lauren, Sam’s Club and Yum China are all growing their China sales, but for different reasons.

22 Sep 2024 - 11:30AM

TikTok’s Chinese sibling emerges as fast-rising e-commerce player

The short-video platform saw gross merchandise value rise by 46 per cent in the year ended July 2024, an executive says.

11 Sep 2024 - 11:47AM

Alibaba sets up new ‘digital technology’ firm under Taobao and Tmall Group

The new outfit appears to reflect how TTG could pursue further business expansion or sharpen its focus on certain activities.

4 Sep 2024 - 9:00AM

Pinduoduo updates rules to kick out sellers of shoddy products

A PDD executive said in a recent post-earnings call that the company is willing to sacrifice short-term profits for long-term health.

3 Sep 2024 - 9:30PM

My Take | Beijing’s ‘anti-involution’ stance looks to tame e-commerce sector, price wars

Major online retail platforms are expected to make changes on algorithms, policies and charges that have fanned excessive competition.

3 Sep 2024 - 7:00AM

Amid weakened consumer spending, a property slump and ageing population, competition among e-commerce platforms to woo buyers has become brutal. Photo: Shutterstock

JD.com lures overseas Chinese shoppers with faster shipping

The e-commerce giant promises shipments to US, Japan and Singapore-based customers in as little as five days.

29 Aug 2024 - 7:30PM

Walmart sells JD.com stake for US$3.6 billion, ending relationship since 2016

The deal comes as a property crisis, market volatility and uncertain job prospects take a toll on consumption in mainland China.

21 Aug 2024 - 3:12PM

Meituan enables 30-minute delivery of home appliances with Midea

The food delivery giant is tapping into China’s growing on-demand e-commerce market by offering a wider variety of products.

16 Aug 2024 - 8:00PM

JD.com profit surges in second quarter after slashing prices

The e-commerce giant posted a 92% rise in second-quarter earnings, as online retail grew in China.

15 Aug 2024 - 8:27PM

Chinese online retailer JD.com posted its latest financial results on Thursday. Photo: AP Photo

Alibaba’s Tmall waives annual service fee, Taobao relaxes ‘refund only’ policy

Taobao will reward merchants with good track record on the platform more autonomy in handling refund requests from customers.

27 Jul 2024 - 7:00AM

The latest initiatives by Taobao and Tmall Group reflect efforts to boost support for merchants amid increased competition on the mainland. Photo: Shutterstock

ByteDance-owned Douyin said to miss first-half e-commerce sales target

Douyin’s gross merchandise value growth rate is expected to hit 24 per cent in 2024, a steep decline from the previous two years, according to a Goldman Sachs estimate.

25 Jul 2024 - 8:30PM

Ex-IBM scientist helms Shanghai AI Lab after death of SenseTime’s Tang

Zhou Bowen, former chief scientist of IBM’s Watson Group, has been appointed director at one of China’s top AI research institutions.

5 Jul 2024 - 7:00PM

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JD.com

Founded by Richard Liu Qiangdong in 1998, JD.com’s business-to-consumer (B2C) e-commerce platform has become China’s second largest online B2C retailers, specialising in electronics, smartphones, and gadgets. JD.com is a key rival of Alibaba’s e-commerce platforms Tmall and Taobao.

last updated:

21 August, 2024