JD Group renews tourism bid with BTG deal

By Emma Lee

JD Group, parent company of e-commerce giant JD.com, has inked a strategic partnership with a state-owned tourism operator as the online services conglomerate strengthens its presence in the travel industry.

Why it matters: JD’s renewed push into th…

Much needed big numbers from 618 shopping festival

By Emma Lee

China’s online shopping festivals are usually about racking up the biggest sales, but things were slightly different for this year’s 618 festival, the mid-year shopping frenzy that ended on Thursday of last week. In China, shopping festivals have becom…

INSIDER | E-commerce is back and big on 6.18

By Deborah Weinswig

The 6.18 shopping festival was China’s largest shopping holiday since the coronavirus outbreak. It was long-awaited as a barometer of how much Chinese consumption has rebounded after lockdowns were lifted.   

To observers’ relief, sales …

JD.com shares gain 5.7% in Hong Kong debut

By Emma Lee

Shares of Chinese online retailer JD.com rose 5.7% on Thursday, its first day of trading on the Hong Kong stock exchange.

Why it matters: JD.com is the third Chinese tech firm to launch a secondary listing on the Hong Kong exchange, following r…