Page 5 - Jd Com News Today

Nordea Investment Management AB trimmed its stake in shares of JD.com, Inc. (NASDAQ:JD – Free Report) by 0.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 399,278 shares of the information services provider’s stock after selling 2,889 shares […]

Chinese e-commerce group JD.com Inc confirmed on Monday that it was looking at Currys, after a report in The Times newspaper said that another bidder, U.S.-based investor Elliot Advisors, was considering a higher offer.

UKs Currys shares soar after Chinas JD.com joins takeover battle. Chinas JD.com said it was evaluating a takeover of Britains Currys, sending shares in the electricals retailer soaring, and laying the ground for a bidding war after the group rejected a rival 700 million pound ($883 million) deal. Chinese e-commerce group JD.com Inc confirmed on Monday that it was looking at Currys, after a report in The Times newspaper said that another bidder, U.S.-based investor Elliot Advisors, was consideri...

Shares in Currys surged more than 35% on Monday after US private equity firm Elliott Advisors and China ecommerce giant JD.com on Monday confirmed they were considering separate bids for struggling British electrical retailer.

CenterBook Partners LP grew its holdings in shares of JD.com, Inc. (NASDAQ:JD – Free Report) by 15.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 127,330 shares of the information services provider’s stock after purchasing an additional 17,303 shares during the […]

Possible bid by JD for UK’s Currys comes as China’s big e-commerce players continue to look overseas for growth amid rising competition and economic headwinds at home.

Expanding into new markets to mitigate domestic headwinds is a logical move for the e-commerce group.

In the closing of the recent trading day, JD.com, Inc. (JD) stood at $23.56, denoting a +1.82% change from the preceding trading day.

JD.com, Inc. (NASDAQ:JD – Get Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $23.56, but opened at $24.40. JD.com shares last traded at $24.43, with a volume of 3,012,356 shares changing hands. Analyst Upgrades and Downgrades Several research firms recently weighed in on JD. […]

The U.K. and Japan fall into recession, Cisco lowers full-year revenue guidance and cuts 5% of workers, and other news to start your day.