Tag: $JD.com

Hong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the Hang Seng index after the firm announced a $5 billion buyback late Tuesday.

JD.com stock rallied on Thursday after the Chinese e-commerce company reported first-quarter results well above Wall Street’s expectations.

Shares in JD.com surged Wednesday after the Chinese e-commerce company reported fourth-quarter earnings and sales ahead of expectations. There also was more for investors to be happy about.

Chinese e-commerce operator JD.com Inc. is the latest company to consider buying UK electronics retailer Currys Plc, as a path to toward new avenues for growth away from home.

Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba which was fined 1 billion yuan ($140.68 million) for monopolistic practices.

JD.com beat Wall Street’s expectations in the third quarter as the e-commerce group leaned on price competitiveness and operating efficiency, a sign the Chinese tech sector may be able to outrun a slowdown in the world’s second-largest economy.

Chinese e-commerce firm JD.com beat Wall Street estimates for second-quarter revenue on Wednesday, as its focus on lower-priced products to attract customers amid an economic slowdown paid off.

Shares in JD.com JD were rising on Thursday after the Chinese e-commerce company beat earnings expectations. It also said its chief executive is leaving.