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Tag Archives: JD.com
Jingdong (jd.com) latest Business & Financial news from Doug Young, the Expert on Chinese High Tech Market, (former Journalist and Chief editor at Reuters)
The following press releases and media reports about Chinese companies were carried on May 22. To view a full article or story, click on the link next to the headline.
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JD.com Prices IPO Above Expectations, Boding Well For Alibaba (English article)
After more than a year of preparation, China’s newly licensed virtual network operators (VNOs) began launching mobile service last week, as part of Beijing’s drive to invigorate the stodgy telecoms services sector long dominated by 3 state-run carriers. The launch of VNOs by e-commerce giant JD.com and leading electronics chain Suning (Shenzhen: 002024) both look well-conceived by targeting specific groups of consumers who are both relatively affluent and big users of mobile services. Read Full Post…
Two of China’s most dynamic e-commerce firms are in the headlines today with new strategic moves, including JD.com’s purchase of a Russian rival and Vipshop’s (NYSE: VIPS) plans to open a small loan operation. Both of these moves look well conceived, taking their respective companies into new but related areas with big growth potential. The 2 moves come as JD prepares to launch a $1 billion-plus IPO in New York as soon as this week, and as Vipshop looks for acquisitions following a big fund raising exercise earlier this year. Read Full Post…
The following press releases and media reports about Chinese companies were carried on May 20. To view a full article or story, click on the link next to the headline.
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Market watchers are hailing the modest success of the new listing by online cosmetics seller Jumei International (NYSE: JMEI), which managed a respectable pricing and trading debut in New York despite waning sentiment towards Chinese Internet IPOs. I would agree with that view somewhat, since the company’s shares could have easily fallen in their trading debut but instead ended up rising a solid 10 percent on their first trading day. But I’d also advise market watchers to check the bottom line, which saw Jumei slash the size of its original offering by nearly two-thirds due to weak demand. Read Full Post…
After a low-key awarding of licenses last last year, the first batch of new virtual network operator (VNO) mobile carriers are quietly coming into the market this month in a move aimed at shaking up the industry dominated by 3 big state-run telcos. In one of the most anticipated launches, e-commerce giant JD.com has just announced its first mobile packages that show how it plans to compete with the trio of China Mobile (HKEx: 941; NYSE: CHL), China Unicom (HKEx: 762; NYSE: CHU) and China Telecom (HKEx: 728; NYSE: CHA). Read Full Post…
We’ll finish out this peak earnings week for US-listed Chinese stocks with a look at fading e-commerce firm Dangdang (NYSE: DANG) and online travel site Qunar (Nasdaq: QUNR), which have both just posted profit trends that look quite gloomy. But while investors forgave the young Qunar for posting a large net loss, they were less generous towards the older Dangdang, whose profits nearly evaporated after recently emerging from 2 years in the red. Read Full Post…
The following press releases and media reports about Chinese companies were carried on May 16. To view a full article or story, click on the link next to the headline.
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Intel (Nasdaq: INTC) Eyes Strategic Stake In China Chipmaker Rockchip (Chinese article)
JD.com Launches VNO Service, Includes Free E-commerce Data (Chinese article)
The following press releases and media reports about Chinese companies were carried on May 14. To view a full article or story, click on the link next to the headline.
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Hong Kong SFC Investigates Alibaba-ChinaVision (HKEx: 1060) Deal – Source (English article)
CCTV:WeChat Public Accounts Becoming Hotbed For Rumors, Fake Ads (Chinese article)
Just when it looked like the New York market for Chinese IPOs was running out of steam, we’re seeing new positive signs with the modestly successful trading debut of online travel site Tuniu (Nasdaq: TOUR) and the setting of a relatively upbeat price range for JD.com, China’s second largest e-commerce firm. Both signals continue a current trend of softening sentiment in the market, as investors tire of giving billions of dollars in new money to Chinese Internet firms. But they also show there may still be some life left in the market, leading me to return to a prediction I made early this year that the current IPO window could last through the end of June. Read Full Post…
The following press releases and media reports about Chinese companies were carried on May 10-12. To view a full article or story, click on the link next to the headline.
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Alibaba Rival JD.com To Be Valued At Up To $24.6 Bln In IPO (English article)
Toto Reaches Agreement With Striking Chinese Workers (English article)
China Telecom (HKEx: 728) Launches Fund Sales (English article)
BYD (HKEx: 1211) Receives Record Bus & Taxi Order (Businesswire)
Tuniu (Nasdaq: TOUR) Rises 12 Pct In Trading Debut On Nasdaq (Chinese article)
