Chinese e-commerce firm JD.com to buy back $2b shares

Chinese e-commerce firm JD.com to buy back $2b shares

REUTERS/Aly Song

China’s JD.com Inc said on Tuesday it would buy back up to $2 billion of its shares, after the e-commerce company estimated a growth in sales in the current quarter that has been ravaged by the coronavirus outbreak.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter