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Delivery has emerged as the new battleground for China’s e-commerce giants, as they jostle to win local consumers with faster and cheaper shipping services.
Alibaba’s, JD.com’s results exceed expectations after companies focus on discounted goods
New rules drafted by Beijing’s municipal health commission would strictly prohibit the use of AI for automatically generating medical prescriptions and limit the technology’s application in other online healthcare services.
JD.com (NASDAQ:JD – Get Free Report) issued its quarterly earnings results on Wednesday. The information services provider reported $5.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.95 by $0.44, MarketWatch Earnings reports. The firm had revenue of $287.93 billion during the quarter, compared to the consensus estimate of $279.99 billion. […]
China’s economic woes increase the pressure on some of the country’s largest internet companies, including Alibaba, JD.com and Baidu.