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New Dada

New Dada Archives

Surprise JD.com profit upswing

An unexpected JD.com profit upswing has marked the third quarter for China’s largest retailer.

JD.com second-quarter revenues rise 43 per cent

JD.com second-quarter net revenues grew by 43.6 per cent, reaching RMB93.2 billion.

Wal-Mart Stores boosts JD.com stake

Wal-Mart Stores has further increased its stake in China’s second-largest eCommerce firm JD.com.

Wal-Mart Stores investing $50m in New Dada

Wal-Mart Stores Inc says it will invest $50 million in Chinese online grocery and delivery firm New Dada.