The Chinese e-commerce giant overhauled shopping recommendations to defy a slowing economy.
IPOs & Markets
The profit was boosted by 11.1 billion yuan of gains, including adjustments for fair value of investee companies.
The company, which initially planned to start its IPO roadshow Monday US time, is considering postponing the launch by at least a week.
The healthcare crowdfunding company competes with Ant Financial's Xiang Hu Bao.
China’s largest company, which also operates the Taobao platform for smaller merchants, is trying to revive growth as its home economy decelerates.
To survive at China’s biggest e-commerce platform, you need to work 12 hours a day, six days a week.
Ma’s company joins a raft of startups angling to disrupt old-school health insurance in China, including Tencent Holdings Ltd. and Sinovation Ventur
JD’s latest move mirrors internal overhauls by Tencent Holdings Ltd. and Didi Chuxing, which’re coming off their once-breakneck pace of growth.
The startup could target raising as much as $1 billion as it gauges investor interest.
The Shanghai-based e-commerce startup is considering selling shares in Hong Kong or the U.S.
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