Wal-Mart Invests More on China's JD.com

Walmart has nearly doubled its stake in China’s No. 2 e-commerce site, JD.com.

Read Full Article

JD Finance, JD.com subsidiary raises $1 billion

JD.com, China’s largest online direct sales company, has raised $1 billion, for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance.

Read Full Article

Alibaba and Suning Partnership Could Change China's E-commerce Domination

China e-commerce industry is worth $2.1 trillion in 2014 with the number of users growing by 31.4 percent as reported by China E-Commerce Research Center (CERC). Out of the total amount, $450 billion comes from the online retail business alone. Current market players in the e-commerce are Alibaba, JD.com, and Suning Commerce.

Read Full Article

Alibaba investors losing confidence as company's shares go below debut price

Alibaba is in big trouble as Investors lose confidence over the continuing decline of shares caused by the slow consumer spending brought by the Chinese economic meltdown.

Read Full Article

Tencent Holdings Ltd agrees to acquire 15pct stake in retailer JD.com for $214.7M

Tencent Holdings will be acquiring a 15% stake in JD.com in a $214.7 million deal to provide a stronger platform that will rival Alibaba Group Holdings in the space, Bloomberg reported.

Read Full Article

Tencent Holdings may acquire a 16pct stake in online retailer and merge platforms

Tencent Holdings, the biggest Internet company in China, could get a 16% stake in online retailer JD.com, according to a Chinese business newspaper, Reuters reported.

Read Full Article

Alibaba rival JD.com to top sales target as Chinese shoppers flock to Internet

JD.com, China's second-largest e-commerce site, is set to exceed 100 billion yuan ($16.47 billion) in annual sales for the first time in a market that has drawn investment from global retailing names such as Amazon and Wal-Mart.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics