China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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160 articles matching the search query.
Nasdaq-listed Chinese video platform Bilibili files for Hong Kong listing to raise over $2 billion
Chinese video platform Bilibili has confidentially filed for a secondary listing in Hong Kong, a source close to the matter told CNBC.
Tencent Boosts Stake in Grocery App Xingsheng Youxuan
Tencent Holdings Ltd. has increased its stake in Xingsheng Youxuan, investing $100 million in the Chinese online grocery startup at a valuation of about $5 billion, according to people familiar with the matter.
China fines JD.Com, Alibaba's Tmall, Vipshop for irregular pricing
China's market regulator said on Wednesday it has fined JD.Com Inc, Alibaba's Tmall and Vipshop 500,000 yuan ($76,657) each for irregular pricing.
Alibaba Probe Stirs Worry About What’s Next for Chinese Tech
Alibaba Group Holding Ltd. led a second day of frenetic selling among China’s largest tech firms, driven by fears that antitrust scrutiny will spread beyond Jack Ma’s internet empire and engulf the country’s most powerful corporations.
JD.com, Meituan, Didi, Bilibili are in Suzhou's digital yuan trial · TechNode
Suzhou lottery winners can spend their RMB 200 of the digital yuan at JD.com, Didi, Meituan, or Bilibili—or pay their Party dues.
JD Health shares close 56% higher on their market debut in Hong Kong
JD Health shares rallied throughout the day, hitting an intra-day high of 123.3 Hong Kong dollars — or as high as 75% from the offer price.
JD Health Shares Surge 28% in Hong Kong’s Gray Market Trading
JD Health International Inc. jumped in Hong Kong’s gray market trading, a sign that the city’s biggest IPO of the year is off to a good start.
How Alibaba and JD.com compare in their healthcare endeavors
China’s tech circle is shifting its attention to online healthcare this week as JD Health is set to go public in one of Hong Kong’s largest IPOs this year. Like Amazon, China’s e-commerce firms Alibaba and JD.com have been working to conquer the massive healthcare industry. The offerings are wide-ranging, reaching everything from around-the-clock delivery […]
China hands out $3 million of digital yuan as JD.com becomes first online platform to accept it
China is handing out 20 million yuan ($3 million) of its digital currency as part of a lottery in Suzhou.
JD.com becomes first online platform to accept China's digital currency
Chinese e-commerce company JD.com Inc said on Saturday it has become the country's first virtual platform to accept Beijing's homegrown digital currency.
China approves country's second personal credit agency, JD.com, Xiaomi take stakes
BEIJING: China's central bank on Friday granted approval for the set up of a personal credit agency to be jointly held by an investment arm of ...
JD unveils first phase of its smart city operating system
JD Digits, the e-commerce giant’s big data arm, is building a smart city operating system that uses artificial intelligence for urban management.
JD’s Logistics Unit Said to Mull IPO at $40 Billion Valuation
JD.com Inc.’s logistics unit is considering an initial public offering that could raise at least $5 billion, according to a person familiar with the matter.
China Urges New Era of Mass Migration—Back to the Countryside
In an antipoverty push, President Xi wants to repopulate rural towns with entrepreneurs and consumers. China’s rural poor have been a tool of Communist Party strategy since Mao Zedong rallied them in his revolution.
JD Plunges After Growth, Margin Concerns Outweigh Sales Beat
JD.com Inc.’s shares dived as much as 9% after concerns about slowing e-commerce growth and pressure on margins outweighed better-than-expected post-Covid revenue growth.
China’s Health-Care Listings Break Records
Chinese health-care companies are enjoying a banner year, with an overhaul of the country’s health system and relaxed listing rules helping fuel a surge in share sales.
Singles’ Day sales start strong as China’s domestic consumption recovers
E-commerce giants Alibaba Group Holding and JD.com both post strong first day Singles’ Day sales numbers, signalling a recovery in consumer spending after the coronavirus pandemic hit retail sales hard earlier in the year.
JD Health Is Said to Pick Banks for $1 Billion Hong Kong IPO
JD Health has selected banks for its planned Hong Kong initial public offering, which it could file for as soon as this month, according to people familiar with the matter.
In China’s Cutthroat E-Commerce World, Only Growth Matters
Investors punished Pinduoduo and rewarded Alibaba and JD after their quarterly results. Chinese e-commerce companies need to deliver growth to meet rising expectations.
China's JD.com posts upbeat results as online orders surge
China's JD.com Inc beat analysts' estimates for quarterly sales on Monday, as the firm benefited from a shift in shopping habits of domestic consumers who have largely moved to online ever since the outset of the COVID-19 pandemic.