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JD.com Exceeds Expectations with $47.91 Billion in Quarterly Revenue
Photo by FMT Summary JD.com outperformed quarterly revenue expectations, with strong demand and year-end sales. The company saw...
Mar 62 min read


Alibaba Sells Intime at US$1.3 Billion Loss in Retreat from Offline Retail
Alibaba's sale of its Intime stake signals a shift back to e-commerce, moving away from its previous offline retail focus.
Dec 17, 20242 min read


TikTok Shop Makes European Debut in Spain and Ireland Ahead of U.S. Ban
Amid U.S. regulatory threats, TikTok launches e-commerce in Spain and Ireland, integrating shopping into its app.
Dec 12, 20242 min read


Baidu and Geely’s EV Venture Faces Employee Uproar After Revealing Need for Fresh Funding
Baidu and Geely's EV joint venture, Ji Yue Auto, plans to raise capital and cut costs amid financial struggles, unrest, and a price war.
Dec 12, 20243 min read


Temu Expands into Vietnam and Brunei Amid Indonesian Ban
Temu’s expansion into Vietnam and Brunei signals a growing presence in Southeast Asia, despite its app being banned in Indonesia.
Oct 15, 20242 min read


Temu Targets Amazon’s Fire TV Streaming Market with $4 Remote
Temu challenges Amazon with ultra-affordable $4 Fire TV alternatives in a bid for U.S. market share.
Oct 9, 20242 min read
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