29.07 +0.02 (0.07%)
After hours: 7:58PM EDT
|Bid||29.11 x 1200|
|Ask||29.05 x 21500|
|Day's Range||28.49 - 29.27|
|52 Week Range||19.21 - 45.23|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||197.62|
|Earnings Date||Aug 14, 2019 - Aug 19, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.28|
JD, PDD, SHOP, ETSY, and GRPN Respond to Competition(Continued from Prior Part)Australian office’s responsibilities shifted to ChinaJD.com (JD) quietly shut its Australia office, transferring the office’s responsibilities to its home country’s
JD, PDD, SHOP, ETSY, and GRPN Respond to CompetitionChina’s logistics industry valued at over $40 trillionJD.com (JD) recently invested ~$55 million in purchase a ~10% stake in Jiangsu Xinning Modern Logistics, a Chinese logistics company
This company is not without risks. Still, following earnings JD.com (NASDAQ:JD) is sporting attractive fundamentals. The case for bullish investors looks compelling. Let me explain.Source: Daniel Cukier via FlickrIt hasn't been easy to be a JD stock investor. Shares topped out more than 16 months ago. And despite 2019's rally, JD is still more than 40% removed from those all-time-highs.But the winds of change are upon shares right now.InvestorPlace - Stock Market News, Stock Advice & Trading TipsJD's most recent quarterly confessional delivered strong evidence that the multifaceted tech giant is making the right moves. China's other answer to Amazon (NASDAQ:AMZN) easily beat Street top and bottom-line forecasts just over a week ago. But it's not just the headline beat which has our attention.First-quarter sales saw solid growth of 21%, which while slowing, is stabilizing, with management forecasting revenues for Q2 to grow by 19% to 23% annually. That's nice. And there's more. JD stock is also capturing higher gross margins with help from the company's expanding services business. That division grew by 50% and producing positive free cash flow courtesy of improved operating cash flow and project divestments. * 7 High-Yield REITs to Buy (Even When the Market Tanks) Lastly, JD stock's strategic partnership with tech giant Tencent has also been renewed. That's good news too. In conjunction with JD's Walmart (NYSE:WMT) collaboration, the trio are taking on Alibaba (NYSE:BABA), China's other but much larger e-commerce and cloud play. JD Stock Weekly ChartOf course, trade war risks remain for JD stock. And as we can see on the price chart below, an extended neckline and 38% Fibonacci level combine to form an area of challenging resistance. But there are reasons to be optimistic.First, with the head and shoulders pattern having completed in a successful triple bottom, today's "return move" test of the neckline in JD shares holds much less weight as potential resistance as the dominant pattern is bullish.Also of interest, unlike shares of BABA -- which saw investors taking profits following earnings -- JD stock found a bid. Not only that, shares remain above pre-earnings prices despite last week's trade war escalation and lower prices in the broader market for the five-day period.Finally, with last week's price action in JD stock resulting in upside confirmation for the decision-based doji candlestick, there's additional evidence JD's relative weakness on the price chart is turning the corner towards a period of outperformance.My recommendation if you want to go long JD stock is to use an improvised signal to buy shares and provide protection against unwanted downside risk. The suggestion is to wait for JD.com to rally back above the doji high of $30.47 before purchasing shares.The buy trigger remains in effect only if the low of the doji holds. Even though the triple bottom looks important, I'd be hesitant to be long JD stock, as there's a lot of downside risk between the doji if it fails to hold and December's key pattern low.Should shares produce a signal to purchase JD stock, I'd set an initial stop below the doji candle's closing price $28.17. The $2.30 exposure is the equivalent of 7.5% JD stock risk. In our view, along with taking initial profits at the 50% retracement level near $35, this looks like sufficient wiggle room off and on the price chart.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Bulls Are Winning the Trade War in JD Stock appeared first on InvestorPlace.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of JD.com, Inc. Hong Kong, May 21, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of JD.com, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The trade war is back, and that's bad news for Chinese stocks. In late 2018, Chinese stocks and broader financial markets dropped as trade tensions between the U.S. and China escalated. But, in 2019, those tensions cooled off, and the tone from top trade officials from both countries was largely and consistently positive. In response, China stocks rebounded alongside a broad financial market recovery.Trade talks, however, took a sharp turn for the worse in early May. U.S. President Donald Trump claimed that China "broke the deal", subsequently raised tariffs on imported Chinese goods from 10% to 25%, and proceeded to have a trade meeting with China that didn't produce a deal. China has retaliated with its own set of tariffs. A full-blown trade war is now on the horizon.Chinese stocks have dropped big in response.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut, many market observers are unaware of one critical element about this latest round of tariffs: they have a grace period. This means that while tariffs have been raised from 10% to 25%, that raise will not impact goods that are already in transit. Importantly, the first tariff raise to 10% did not have this grace period. Thus, the grace period broadly implies that the U.S. is hoping to strike a trade deal with China over the new few weeks, before the 25% tariff actually starts impacting products. * 7 Stocks to Buy that Lost 10% Last Week In that light, investors shouldn't expect these elevated trade tensions to persist. They should cool, and when they do, China stocks should pop. That's broadly why I'm positioning for a trade resolution in the near future, and am buying China stocks on recent weakness. JD.com (JD)Source: Daniel Cukier via FlickrPerhaps the best Chinese stock to buy on recent trade-related weakness is China e-commerce giant JD.com (NASDAQ:JD).Context is important here. JD stock was really beaten up in 2018 amid slowing growth and compressing margin concerns, both of which were happening against the backdrop of a slowing China economy. But, in 2019, JD stock has rallied in a big way as growth has stabilized in the 20%-plus range and margins have improved, against the backdrop of a Chinese economy that is picking up steam again.Now, JD stock is back to sell-off mode. Specifically, the stock is down more than 10% over the past month, despite reporting a robust double-beat quarter during that stretch which broadly confirmed that growth remains resilient and margins continue to improve.In other words, JD stock is selling off in a big way right now because of what could be, not what is. But, what could be might not come to be, if a trade deal is struck within the next few weeks. If that happens, all these concerns will fade away. Investors will re-focus on the numbers, which have been really good in 2019. As they do, JD stock will rebound in a big way. Alibaba (BABA)Source: Shutterstock Shares of Alibaba (NYSE:BABA) have dropped 13% in the past week amid escalating trade tensions. This marks the stock's biggest drop of 2019, as well as the stock's biggest correction since the December 2018 plunge across global financial markets.But, the core growth narrative at Alibaba remains healthy. Revenue growth rates remain north of 40%, supported by continued expansion of the Asian digital economy, robust e-commerce growth, and a secular cloud services pivot. Also, trends have improved in 2019 amid renewed consumer confidence throughout China. These new tariffs won't impact consumer confidence so quickly. Instead, if a deal is indeed struck within the next few weeks, this new round of tariffs will never strike consumer confidence. Thus, Alibaba's numbers will look like nothing even happened. * 10 Stocks to Sell Before They Tank Your Portfolio But, something did happen: BABA stock dropped nearly 15%. As such, a trade deal could spark a big reversal in BABA stock, and once again push this stock back toward all-time highs. Baidu (BIDU)Source: Simone.Brunozzi Via FlickrMore so than Alibaba, shares of Chinese digital search giant Baidu (NASDAQ:BIDU) have been killed recently amid rising trade tensions, dropping nearly 20% over the course of the past month.The reason for the more pronounced sell-off is that the core fundamentals here aren't quite as good. Specifically, Baidu has been hit with a double headwind of slowing growth and falling margins over the past several quarters, and investors aren't sure exactly when these trends will reverse course. If trade tensions continue to rise for the foreseeable future, then these headwinds won't reverse course anytime soon. BIDU stock will continue to drop.But, if trade tensions cool and a deal is signed soon, then everything changes for BIDU stock. China's economy will continue to improve. The digital ad market will continue to expand. As it does, Baidu's growth rates should stabilize. Margins, too. Growth and margin stabilization on a stock that is 50% off its all-time highs should produce big returns. As such, BIDU stock could fly high on a potential trade deal. Weibo (WB)Source: Shutterstock When it comes to Chinese social blogging site Weibo (NASDAQ:WB), you have a hyper-growth company that has remained on a hyper-growth trajectory. But, WB stock has been killed on slowing macro China concerns. Thus, if those concerns hang around, the stock will continue to suffer. But, if those concerns disappear with a trade deal, then WB stock will soar.Broadly speaking, Weibo is China's Twitter (NYSE:TWTR). But, Wiebo has more users than Twitter, is more profitable than Twitter, and is growing more quickly than Twitter. Despite all that, Weibo has a market cap about half that of Twitter. Why? ARPU rates. Weibo monetizes its users less than Twitter. This is just a time issue. Over time, as Weibo pivots from growing its user base to growing its digital ad business, ARPU rates will rise. When they do, WB stock should rise significantly. * 10 Retirement Stocks That Won't Wilt in a Bear Market The one thing holding WB stock back has been a temporary pause in the China digital ad growth narrative, which is the result of less enthusiastic enterprise spend amid slowing economic conditions. But, those conditions have improved in 2019, and will improve meaningfully if a trade deal is struck. Thus, if a trade deal is struck, Weibo's numbers should improve over the next several quarters. That improvement will spark a big rally in WB stock. Tencent (TCEHY)Source: Shutterstock China internet giant Tencent (OTCMKTS:TCEHY) has fared better than its China tech peers during this recent round of tariff increases. As of this writing, TCEHY stock is less than 10% off its 2019 highs, while many of its peers are 10% to 20% off their 2019 highs.The relative strength in TCEHY stock can be attributed to the stock's favorable fundamentals. Tencent is the heartbeat of China's internet economy, from social media to digital payments to music streaming, and everything in between. A big piece of this economy is video games. In 2018, due to various regulatory issues, China put a freeze on new video game approvals. That really hurt Tencent's business. In 2019, that freeze has been lifted, and new video games are hitting the market for the first time in years.That's a big deal for TCEHY stock, and this positive development is mostly why the stock has fared better amid escalating trade tensions in early May. It's also why this stock could be a big winner if these trade tensions ease. If they ease, Tencent's two biggest headwinds of 2018 (trade tensions and a video game freeze) will be fully behind it. With those headwinds fully behind it, TCEHY stock, which is still 25% off its all-time highs, could soar. Ctrip (CTRP)Source: Thomas Galvez via FlickrNatural losers in a slowing economy are companies associated with travel. After all, travel is most often seen as a luxury. Consumers travel when they are employed, confident and have extra cash. They don't travel when they are unemployed, lack confidence and don't have extra cash. That's why Chinese online travel site Ctrip (NASDAQ:CTRP) fell off a cliff in 2018 as China's economy slowed.It's also why CTRP stock has bounced back in a big way in 2019 as China's economy has stabilized and even improved. But, the rally has been hit hard over the past few weeks amid rising trade tensions. During that stretch, CTRP stock has dropped over 15%. The stock will continue to drop so long as these trade tensions hang around. That's just the nature of CTRP stock and its relation to China's economic trends. * Top 7 Dow Jones Stocks of 2019 -- So Far But, as is the case with JD, recent weakness in Ctrip is the result of fears surrounding what could be, not what is. The current conditions are very favorable for Ctrip. China's economy is improving, consumer confidence is back, and the company just reported a robust double-beat quarter with 20%-plus revenue growth and healthy margins. If a trade deal is struck, and these current favorable trends persist, then CTRP stock will bounce back in a big way from this recent selloff.As of this writing, Luke Lango was long JD, BABA, BIDU, WB, TWTR and CTRP. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Sell Before They Tank Your Portfolio * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Low-Priced, High-Potential Tech Stocks to Buy Compare Brokers The post 6 Chinese Stocks That Could Pop On a Trade Deal appeared first on InvestorPlace.
We haven't even hit the halfway point of this year, and iQiyi (NASDAQ:IQ) is already exhibiting rollercoaster-like behavior. In the first two months of 2019, the IQ stock price gained over 78%, turning embattled stakeholders ecstatic. However, the mood quickly soared shortly thereafter. Right now, shares are up 48% -- a great haul, but no 78%.Source: Shutterstock Even worse, iQiyi stock has shown no sign of returning to its former glory. Part of that volatility has a very clear-cut explanation: after a noticeable thaw in U.S.-China relations, President Trump ramped up tariffs on Chinese-made goods. In turn, the world's second-largest economy promised to retaliate. Not only did iQiyi fall, but so too did compatriots Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), and many others.But in the case of the IQ stock price, the value drop presents a confusing look for investors. On one hand, Chinese companies look like names to avoid at this immediate juncture. On the flipside, contrarians may view this as an opportunity to grab a viable growth firm on the cheap.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Great Stocks to Buy on Dips I can appreciate the temptation. As the Chinese population grew in both size and wealth, Hollywood, along with every other industry saw dollar signs. And it's no understatement that Chinese moviegoers and content consumers have kept the lights on at many studios.That fact alone bodes well for iQiyi stock. As a content producer for the world's largest market, IQ stock should veritably moon.Still, IQ stock languishes. Outside of speculative trading, I'd stay away from this company. Here's why: Narrow Focus Hurts IQ StockTheoretically, iQiyi stock has a bulletproof-business plan: sell Chinese entertainment to Chinese people. In reality, the situation is much more complex. You only need to look at the technical charts to realize this.But why, with a billion-plus audience base, is the IQ stock price failing? This is a simple, but underappreciated risk factor: audiences are incredibly fickle and difficult to predict.Let's look at The Great Wall, a somewhat-controversial film that represented a joint effort between U.S. and Chinese movie studios. As you may know, the entire film centered on China and Chinese folklore. It also featured a heavy dosing of Chinese actors. The one rub was that Matt Damon starred in the film rather than a Chinese actor. Eventually, the movie would go on to bomb at home and abroad.Meanwhile, another U.S.-China co-production, The Meg, featured similar problems: an Asian-led research facility needs help, and the "white savior" archetype provides it, while also getting the (Asian) girl. The film featured almost all the tired, unoriginal stereotypes about Asians.It was a massive box-office success both here and in China.This strange dynamic tells me a lot about Chinese audiences, and by logical deduction, iQiyi stock.The Chinese want entertainment, and Hollywood knows how to deliver, not just in China, but in the rest of the world. Thus, I find iQiyi's near-exclusive focus on China as a liability, not an asset. Financial Metrics Say Everything about iQiyi Stock, UnfortunatelyQuarter-to-quarter, IQ stock's revenue growth is no longer impressive. More worryingly, the company's net-income losses have widened significantly over the same span. If they want to right the ship, they must produce content that appeals universally. * 10 Retirement Stocks That Won't Wilt in a Bear Market Ultimately, I think the mistake that investors are making with iQiyi stock is assuming the "China factor" has clout. It does, but it's not the main dish. You still must produce compelling content, compelling enough for viewers to open their wallets. That's not happening, which is why I'm avoiding this name.As of this writing, Josh Enomoto is long AMC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post Hereas the Reason Iam Not Buying the IQ Stock Discount appeared first on InvestorPlace.
Alibaba says it's well-positioned to win no matter how the U.S.-China trade negotiations play out.
JD.com, the Chinese answer to Amazon and Alibaba's long-time rival, islooking to further automate its logistics network after agreeing to pour 376million yuan (around
Don't expect the massive gains to last, as management promised to reinvest surplus funds into growth engines in the second quarter and beyond.
Chinese e-commerce giant JD.com Inc. (NASDAQ: JD) released its first-quarter earnings on Friday in the middle of a ramp in international trade tensions between the U.S. and China. JD reported first-quarter revenue of 121.1 billion yuan ($17.77 billion), beating consensus analyst estimates of 120.11 billion yuan. Several analysts have weighed in on JD’s earnings report and how investors should approach the stock in the difficult trade environment.
One good inning doesn't make an entire baseball game, but baseball games are won by playing one good inning at a time. To that end, Alibaba Group Holding (NYSE:BABA) just completed a pretty good inning in its never-ending battle with e-commerce giant Amazon.com (NASDAQ:AMZN), boosting the outlook of BABA stock in the process.Source: Shutterstock Although BABA stock hasn't performed like a winner over the course of the past few days -- thanks to concerns that the trade war with China may never end -- the dip of Alibaba stock may ultimately prove to be a fantastic buying opportunity. * 7 Dividend Stocks to Buy as the Trade War Reignites That's because BABA has finally forced Amazon out of China, leaving behind JD.Com (NASDAQ:JD) as its only serious rival.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Amazon Bows OutAMZN was never a serious contender in China.Though Amazon.com launched its e-commerce business in China in 2004 via its acquisition of Joyo and rebranded that venture as Amazon China in 2011, its best recorded market share was only a bit over 15%. Now, the Wall Street Journal reports, Amazon only controls 6% of China's e-commerce market, though research firms have put the figure closer to 1%.China is probably the biggest reason that Amazon's international arm is still bleeding money, and in April Amazon announced it would be shutting down its China operations. AMZN will still sell goods to China's consumers, but, to buy products from Amazon, they must shop on platforms intended for other countries and regions.The long-term owners of BABA stock who've paid close attention to the rivalry aren't apt to be surprised. While it looked early on as if Amazon had a shot at turning China into a key profit center, the company's business never synced well with the way China's consumers shop or with the way its domestic suppliers operate.Shoppers are able to order items directly from vendors through Alibaba's Tmall, often enjoying free shipping and one-day delivery of goods at prices lower than Amazon offered.Culturally, Chinese consumers may have also tacitly been aiming to support the local entity rather than its American competitor. BABA Is Opening More DoorsAlibaba is already positioned to capitalize on the vacuum that Amazon.com is about to create, boosting the outlook BABA stock in the process.In November of last year, BABA said it would look to import $200 billion worth of foreign goods and sell them to China's shoppers over the next five years. CEO Daniel Zhang commented "We hope through globalization to use China's consumer market to bring the whole world's goods to China… especially some small and medium sized enterprises, they need to open their market in China."It will probably be easier for China's consumers to buy products from a local middleman than an overseas one.In the meantime, Alibaba is positioning itself as a reliable partner that's capable of growth, while Amazon is being forced to retreat. For the first time ever, BABA's AliExpress will allow non-Chinese manufacturers to use its sales platform to sell goods to the more than 150 countries in which AliExpress operates.AliExpress is only being opened up to small and medium-sized businesses in Russia, Turkey, Italy and Spain. But, it's a start, taking shape at a time when small and medium-sized businesses are seemingly being discouraged from using Amazon's online-shopping platform. This alternative to Amazon.com has to have gotten the attention of smaller businesses whose only current option is Amazon. The Bottom Line on BABA StockAmazon's abandonment of its domestic China business is not necessarily a game-changer for BABA stock, and it will take awhile for Amazon's absence to meaningfully boost Alibaba and BABA stock.Nevertheless, the competitive shift absolutely bolsters the already-bullish outlook of BABA stock.More than anything, however, investors may be underestimating the depth of Amazon's trouble in China, which sets the stage for an expansion by BABA.AMZN's ability to use its websites based in other countries to sell products to Chinese consumers will probably be limited. iResearch analyst Choi Chun explains that, "cross-border e-commerce in China is not as consolidated as regular domestic e-commerce, (since) online shoppers go to different platforms for different overseas merchandises." He concluded that, "I don't rule out the possibility that Amazon's cross-border business will follow the same path of Amazon's China domestic e-commerce business."In this case, anything that's bad for Amazon.com has to be good for BABA, BABA stock, and the owners of Alibaba stock.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy as the Trade War Reignites * 10 Stocks That Could Squeeze Short Sellers, Including CGC * 5 Tech Stocks Getting Crushed Compare Brokers The post Amazon's China Woes Bolster the Bull Case on Alibaba Stock appeared first on InvestorPlace.
At a time when China and the U.S. are trying to salvage a trade deal, one might find it surprising that Chinese equities were trading higher Friday. , which rose around 5% to $29 in midday trading Friday -- and closed up 2.4% to $28.17.
China e-commerce company JD.com reported better-than-expected first-quarter results Friday and extended its strategic alliance with internet giant Tencent as they battle it out with Alibaba.
China’s e-commerce giant JD.com posted stronger-than-expected first-quarter earnings Friday morning and investors embraced the news.
JD.com earnings for the company's first quarter of the year have JD stock up on Friday.Source: Daniel Cukier via FlickrJD.com (NASDAQ:JD) starts off its earnings report for the first quarter of 2019 with earnings per share of 33 cents. This is an increase over the company's earnings per share of 10 cents from the same time last year. It was also a boon to JD stock by easily beating out Wall Street's earnings per share estimate of 12 cents for the quarter.Net income reported in the JD.com earnings release for the first quarter of the year comes in at $1.08 billion. This is much better than the company's net income of $235.51 million from the first quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsJD.com earnings for the first quarter of 2019 also include operating income of $182.62 million. This is up from the Chinese e-commerce company's operating income of $706,000 from the same period of the year prior.Revenue in the JD.com earnings report for the first quarter of the year is $18.04 billion. That's an improvement over the company's revenue of $15.96 billion reported in the first quarter of the previous year. It was also good news for JD stock by coming in above analysts' revenue estimate of $17.60 billion for the period. * 7 Cloud Stocks to Buy on Overcast Days JD.com notes that it is expecting revenue for the second quarter of 2019 to come in between roughly $21.25 billion and $22.00 billion. Wall Street is looking for revenue of $21.34 billion for the quarter.JD stock was up 2% as of Friday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post JD.com Earnings: JD Stock Jumps on Q1 Smasher appeared first on InvestorPlace.
JD said revenues for the three months ending in March rose 20.9% from the same period last year to 121.1 billion Chinese yuan ($18 billion), topping the consensus forecast of 120.1 billion yuan compiled by Refinitiv. The gains brought earnings to 4.96 yuan per share, or 33 cents per U.S. listed share, the company said, well ahead of the Street consensus forecast of 12 cents per share. JD.com also said it has renewed a strategic tie-up with Tencent that will give it high-level access to its Weixin platform, which, along with WeChat, attracted nearly 1.1 billion users each month over the first quarter and grew 11% from the same period last year.
(Bloomberg) -- Shares of JD.com, China’s second-biggest e-commerce operator, had their biggest gain since January after first-quarter revenue topped analyst estimates.
China's leading internet companies are trying to find fresh areas of growth after saturating the market for their core products and services, which has led to a hit on profitability as they invest in new sectors. Martin Bao, who tracks China's tech sector at ICBC International, said the company has exhausted its core base of shoppers in first-tier Chinese cities and has to find new customers in rural China. JD differentiates itself from rivals in China by operating an in-house logistics team and warehousing unit and carrying its own inventory.
(Reuters) - JD.com Inc beat analysts' estimates for first-quarter revenue on Friday, boosted by steady sales in its core e-commerce business. The company posted revenue of 121.1 billion yuan ($17.77 billion) ...
Investors on the Ropes as Trump's Tariff Hike Takes EffectTrump hikes tariffs on the Chinese importsOn May 5, President Donald Trump surprised the world with a tweet suggesting a hike in tariffs on Chinese imports into the US. In his tweet, Trump