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The Latest Breaking News from JDcom

US investor Elliott ends bid to buy UK retailer Currys

Bidder says multiple attempts to engage with high street group’s board were rejected

The Guardian - UK

Currys shares soar as Chinese online retailer enters takeover battle

JD.com weighing up offer after UK electrical retailer rejects £700m bid from US private equity group Elliott

The Guardian - UK

MSI's upcoming Titan 18 HX laptop may have the power to dominate the scene

A recent leaked product page states it'll have an RTX 4090 GPU, Intel's Core i9-14900HX CPU, and a mechanical keyboard.

TechRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

JD.com Triumphs in Antimonopoly Battle with Alibaba

JD.com emerges victorious in a groundbreaking antimonopoly lawsuit against Alibaba, marking a major win in the fierce battle for dominance in the Chinese i...

Top News

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Fortune

Alibaba and JD's decision to withhold Singles Day data punctures last chance to see a China consumption revival this year

"Everyone's waiting for this consumption boom," one analyst said. "I don't think it's really going to come."

Fortune

BABA vs. JD: Which Is the Better Chinese Tech Stock to Buy Now?

Chinese tech stocks have continued to underperform in 2023, even as their counterparts in the U.S. have rebounded. Among Chinese tech names, Alibaba and JD.com are both worth considering after the sell-off - but there's an argument to be made that one of these tech stocks looks more compelling right…

Barchart

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Chinese retailers are already slashing the prices of the iPhone 15 by over $100 amid reports of a sluggish launch for Apple's latest smartphone

Analyst reports are suggesting that Apple's latest iPhone may be struggling in the Chinese market.

Fortune

China's Best: 3 Top-Rated Stocks Garnering Investor Interest

China’s economy appears to be showing signs of stabilization amid new stimulus measures and recent economic data signaling optimism. So, let’s look at top-rated Chinese stocks Alibaba Group (BABA), JD.com (JD), and Hello Group (MOMO), with immense investor interest. Keep reading….

StockNews.com

1 Undervalued Chinese Stock to Buy Near 52-Week Lows

JD.com stock fell to new 52-week lows last week, and has lost almost half of its market cap in 2023. The stock now looks quite undervalued after the recent sell-off, and could offer strong returns in the medium to long term.

Barchart

3 Nasdaq-100 Stocks That Look Cheap

The tech sector has been on a tear in 2023, but not every Nasdaq-100 name is trading at a wildly inflated valuation. Here's a look at three Nasdaq-100stocks investors can still buy at a relative bargain.

Barchart

Heading west and online: China's consumer explosion

China's growth may be slowing, but its economy is still forecast to expand by $US1.1 trillion a year. NZ companies want in. Nikki Mandow reports.

Newsroom.co.nz

Low Profile RTX 3050 With 65W TDP Surfaces in China

A GeForce RTX 3050 LP model has appeared in China based on a 65W TDP mobile GPU, but its $278 price is off-putting.

Tom’s Hardware

Chinese billionaires go all-in on AI

China’s tech sector has a new obsession: competing with US titans like Google and Microsoft in the breakneck global artificial intelligence "arms race".

Bangkok Post

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news in one place.

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Caixin Global

CEO of JD Logistics Steps Down for ‘Health Reasons’

Yu Yui, a JD.com veteran of 15 years, handed his roles over to Hu Wei on Monday, the company says

The Independent UK

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags

Shoppers were treated to deep discounts, new products and payment plans as online merchants sought to revive their sluggish appetite for spending during China’s first major online shopping festival after the end of zero-COVID policies

The Independent UK

Consumption soft even amid deep discounts during major China shopping festival, analysts say

Chinese consumers have been snapping up billions worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slash prices, but analysts say that consumer confidence still remains weak as China re-emerges from the pandemic

Barchart

Chinese E-Commerce Companies Undercut by Weak Chinese Economy and Increased Competition

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

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news in one place.

100's of premium titles.
One news app.

Barchart

Competition and Weak Chinese Recovery Weigh on JD.com

JD.com (JD ), one of China’s largest online retailers, is struggling this year after rallying to an 8-month high in January. The stock price has fallen nearly -47% from January’s peak on disappointment about China’s uneven recovery from the pandemic and increased competition from other Chinese online retailers. After more...

Barchart

Strength in Chipmakers Pushes Tech Stocks and the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. U.S. stock indexes this morning are moderately higher, with...

Al Jazeera

China wants AI to rival ChatGPT. Censorship makes that tricky

Chinese firms including Baidu and Alibaba are racing to roll out versions of the chatbots taking tech world by storm.

Bangkok Post

Asian bourses advance but SET could see volatility

RECAP: Most Asian stock markets rose yesterday while currencies fell against a firmer US dollar, as investors awaited a key US jobs report for more clues about interest rates after mixed signals from global central banks.

Caixin Global

Weekly Must-Read: The Vision of Singapore’s Next Prime Minister

Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’

Caixin Global

Shanghai Composite Index Rose 0.9% on Wednesday

Shenzhen Component Index closed up 1.31%

Bangkok Post

JD Central to end Thai operations on March 3

E-marketplace JD Central announced it will end its operations in Thailand on March 3, bringing down the curtain on its six years of operating an e-commerce business in the country.

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