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JD.Com Inc

Chinese consumer brands look to crack the global market with Singapore as a testbed

by Merchant Moller
Chinese consumer brands look to crack the global market with Singapore as a testbed

Hangzhou-based toy company Dodo Sugar, pictured here at the Pop Toy Show in Singapore on Aug. 23, 2024, is expanding to Thailand and other parts of Southeast Asia. CNBC | …

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Vance grilled on how to pay for it

by Valentin Shriner
Vance grilled on how to pay for it

Republican vice presidential candidate Sen. JD Vance, R-Ohio, speaks at a campaign rally at VFW Post 92 in New Kensington, Pennsylvania, on Aug. 15, 2024. Jeff Swensen | Getty Images …

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JD.com shares inch up after announcing $5 billion share buyback

by Merchant Moller
JD.com shares inch up after announcing  billion share buyback

JD.com set up an Innovative Retail division that houses its grocery business 7Fresh. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on …

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Shares of Temu parent company PDD plunge 29%; largest one-day loss

by Merchant Moller
Shares of Temu parent company PDD plunge 29%; largest one-day loss

Jakub Porzycki | Nurphoto | Getty Images The nearly 30% drop in shares of Chinese online retailer PDD Holdings is “too much of a correction,” according to Shaun Rein, founder …

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CNBC Daily Open: A ‘crazy’ summer

by Shen Ridenbaugh
CNBC Daily Open: A ‘crazy’ summer

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …

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JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale

by Merchant Moller
JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale

Signage at JD.com’s warehouse in Shanghai, China, on Mar. 9, 2022. The U.S. Securities and Exchange Commission on Wednesday added over 80 firms to its list of entities facing possible …

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CNBC Daily Open: Wall Street’s ‘dress rehearsal’

by Shen Ridenbaugh
CNBC Daily Open: Wall Street’s ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …

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Alibaba, JD.com results underscore the slowdown in Chinese consumer demand

by Merchant Moller
Alibaba, JD.com results underscore the slowdown in Chinese consumer demand

A person seen walking next to the Alibaba’s corporate logo, in front of its office building at Chaoyang Technology Park in Beijing, China. Sopa Images | Lightrocket | Getty Images …

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Alibaba shares dip 3% in premarket after earnings miss expectations despite cloud acceleration

by Sipho Sepamla
Alibaba shares dip 3% in premarket after earnings miss expectations despite cloud acceleration

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top and bottom line expectations …

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After a busy week of trades, we’re looking to some key inflation data

by Merchant Moller
After a busy week of trades, we’re looking to some key inflation data

It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P …

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