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PDD Stock Jumps Following Strong Q1 Earnings For Temu Owner

PDD stock gained Wednesday, after the Chinese e-commerce giant behind Temu crushed first quarter earnings estimates.

Alibaba Shares Rise as Investors Grow Confident in Long-Term Outlook

By Tracy Qu Alibaba shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release. Shares were 7.0% higher at HK$85.30 Friday,...

Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul

Alibaba Sped Up Buybacks With $4.8 Billion of Shares Bought in March Quarter -- Update

By Tracy Qu Chinese e-commerce giant Alibaba Group staged its second highest quarterly buyback on record, spending $4.8 billion on shares in the first three months of 2024, as its stock neared...

Alibaba Sped Up Buybacks With $4.8 Billion of Shares Bought in March Quarter — Update

With Currys' buyout, China's JD.com could get hungered short-cut to Europe expansion, ET Retail

Jd.com: JD's interest in the struggling retailer, unveiled on Monday, underscores the Chinese firm's efforts to deepen its overseas presence as a counterweight to weak demand and cut-throat competition in its domestic market, analysts said.

With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

BEIJING/LONDON, Feb 21 - If JD.com does acquire British electronics retailer Currys, the Chinese ecommerce giant JD.com would get the store and warehouse...

Analysis - With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion By Reuters

Analysis - With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

If JD.com does acquire British electronics retailer Currys, the Chinese ecommerce giant JD.com would get the store and warehouse network it needs to expand rapidly in the UK and Europe, at a bargain-basement price. JD's interest in the struggling retailer, unveiled on Monday, underscores the Chinese firm's efforts to deepen its overseas presence as a counterweight to weak demand and cut-throat competition in its domestic market, analysts said.

Analysis – With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

By Casey Hall, Sophie Yu and Helen Reid BEIJING/LONDON (Reuters) - If JD.com does acquire British electronics retailer Currys, the Chinese ecommerce giant JD.com would get the store and warehouse network it needs to expand rapidly in the UK and Eur...