Walmart has sold its stake in JD.com at a time when its Chinese operations are flying on a growing local preference for Costco-style warehouse shopping JD.com continues to face stiff competition in ...
Chinese e-commerce giants Alibaba Group Holding (NYSE:BABA) and JD.com (NASDAQ:JD) noted strong sales momentum in their campaigns for the 618 shopping festival following government subsidies. The ...
Apple, Xiaomi, Huawei, Midea and Haier each rang up sales of over US$13.9 billion on the Alibaba and JD.com shopping platforms during the 618 shopping festival, reports the South China Morning Post.
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