Earnings and Results
JD.com’s revenue rose 1.5% to 352.3 billion yuan, compared with analysts’ average estimate of 353.86 billion yuan.
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China's JD.com misses Q4 revenue estimates amid waning consumer demand
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Investors rush to sell shares as Middle East conflict rages
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China to inject $44b into state banks to prevent systemic risks, boost tech financing
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IFC to extend $350m loan to Indonesia’s Linknet to expand broadband network
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Data Vantage: Glints, Dayatani, Quest Global in focus and other updates
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Policy & Regulations
Beijing also plans to dispose of non-performing assets in the sector.
Analysis
It will also nurture unicorn enterprises in future industries.
The widening conflict heightens scrutiny of the Asian country’s extensive lending in the region.
People
Lin Junyang becoming the third senior Qwen executive to depart this year.
Private Equity
Blackstone proposed investing about $2.5 billion in an SPV.
The licence allows DBS to lead-manage all onshore corporate bond deals.
Baidu’s Apollo Go and Pony.ai are both monitoring the situation in the region.
DealStreetAsia’s Leadership Roundtable: China Series featured five senior investors.
The company reported a 159% year-on-year jump in revenue to $79 million.
