China's e-commerce giant JD.com is venturing into the country's highly competitive food delivery business, announcing on Tuesday that it will register catering merchants on its courier system.
Michael Burry of "The Big Short" fame pared his Alibaba and JD.com bets and bought into Temu-owner PDD before DeepSeek boosted Chinese stocks.
· 13h · on MSN
Alibaba Shares Tumble as Trump Order Stirs China Trade Angst
Alibaba and Other China Tech Stocks Tumble
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback follows an extraordinary runup for some of these stocks,
· 16h
Why Alibaba Stock Was Falling Today
Amid a labour shift that has pushed millions of jobseekers to online platforms, greater protections are being promised for some temporary workers.
Trump delays suspension of duty-free entry for packages under $800, affecting Chinese e-commerce platforms and U.S. retailers. Chinese stocks drop.
The e-commerce giant is waiving commissions for early restaurant partners as it pivots beyond retail, entering China’s fiercely competitive food delivery market.
JD.com benefits from Chinese stimulus measures and a robust earnings report. Read why JD stock offers a strong investment opportunity with 20-30% upside.
JD.com (JD) is making a foray into the China’s highly competitive food delivery business, with plans to register catering merchants on its
JD.com has signaled it’s preparing to enter China’s massive takeout dining market, most likely using its Dada Nexus local delivery service as a foundation
JD.com shares are trading lower by 7% to $39.49 during Monday's session, retreating following recent gains. The stock has gained 15% on a year-to-date basis, amid a broader rally in Chinese equities and following Alibaba's strong earnings.
Investor's Business Daily on MSN13h
China Stocks Top List Of Losers On Elite IBD 50, MarketSurge Growth 250Many China stocks sold off hard Monday after running up since late January. Big losers included Alibaba, Futu Holdings and Atour Lifestyle.
The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival.In recent days,
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