China's JD.com posts higher third-quarter profit on easing supply chain woes
(Reuters) -JD.com on Wednesday reported quarterly revenue below estimates, but posted a surge in profit as supply chain challenges eased.
2023-11-15 17:57
Warm Weather Knocks Over £500 Million Off M&S and Next
There’s fresh evidence from the FTSE 100 today of quite how vulnerable retailers are to unpredictable weather. High
2023-10-09 23:22
Baidu Among First Firms to Win China Approval for AI Models
China will approve the first batch of generative artificial intelligence services for public rollout as soon as this
2023-08-31 01:29
PDD Co-Founder Colin Huang Adds $4.5 Billion in Wealth
Colin Huang’s wealth surged $4.3 billion Tuesday as shares of PDD Holdings Inc., the Chinese e-commerce company he
2023-08-30 05:29
Temu-Owner PDD Soars 12% After Sales Defy Chinese Gloom
PDD Holdings Inc. revenue rose a stronger-than-expected 66% after the company behind hit shopping app Temu spent to
2023-08-29 21:50
Alibaba Unit to Hire 2,000 Graduates as Big Tech Crackdown Eases
Alibaba Group Holding’s e-commerce arm in China is hiring more than 2,000 graduates amid record youth unemployment and
2023-08-19 13:59
JD.com’s Sales Beat Estimates Despite Chinese Economy Weakness
JD.com Inc.’s revenue accelerated in the second quarter after its signature 6.18 festival scored with shoppers, helping the
2023-08-16 18:46
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
2023-08-16 17:51
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:25
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:47
Apple, Meta Hot Streaks Fuel Nasdaq 100’s July Rally
Major technology and internet stocks have rallied throughout this year, with July the latest in a lengthy streak
2023-08-01 04:45
China Tech Overseer Plans Computing Power Push to Back AI Boom
China plans to craft policies to accelerate the build-out of nationwide computing infrastructure, seeking to lay the digital
2023-07-19 12:53