Chinese e-commerce giant JD.com announced on May 11th that its current CEO, Xu Lei, has resigned from his position due to personal reasons. The company's CFO, Sandy Xu, will take over as the new CEO and Xu Lei will smoothly hand over his responsibilities before retiring in June.
Parallel Nebula Investment Limited (PNI) has distributed approximately 51 million Class B shares of Kuaishou at the request of certain external capital partners. PNI is an investment vehicle indirectly controlled by Tencent Plus Partners (TPP), which is under Tencent.
He Xiaodong, the Vice President of JD.com, which is one of China's largest e-commerce companies, announced on April 8 at a summit that the company will be launching an "industrial version" of ChatGPT called ChatJD this year.
Chinese e-commerce firm JD.com announced on March 30 that it is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange. JD.com would hold more than 50% of Jingdong Property Inc and Jingdong Industrials Inc after the completion of the spinoffs.
On March 9, Chinese e-commerce giant JD.com released its financial results for the fourth quarter and the whole year of 2022. Although the report shows that its overall profitability has improved, its share price fell 11.28% to close at $41.68.
Xin Lijun, CEO of e-commerce giant JD.com's retail arm, on March 7 explained some of the details regarding the the recent discounts across the platform to tap new users.
The call to develop the Chinese version of ChatGPT has resulted in urgent and fierce competition between Chinese tech giants for top AI talent. Zhou Bowen, former chairman of the JD.com's technical committee, lately published a post to recruit R&D and algorithm scientists.
After Tmall, a Chinese e-commerce giant, welcomed Tesla, rival e-commerce platform JD.com also launched an official flagship store for the EV giant and attracted over 530K followers in only three days.
As the discussion caused by artificial intelligence chat robot ChatGPT continues to heat up, the science and technology circle is welcoming the new buzz. Many Chinese tech giants have made great efforts to seize the opportunity to create the first "Chinese version of ChatGPT".
Richard Liu, the founder and chairman of Chinese e-commerce giant JD.com, was recently spotted arriving at Beijing Capital International Airport.
Chinese e-commerce giant JD.com has reportedly closed its sites in Thailand and Indonesia. In response to a request for comment by Pandaily, the company's spokesperson said that it will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure.
Chinese users from all over the country can now access online supermarket shopping services on ByteDance's short video app Douyin.
Richard Liu, the founder of Chinese e-commerce giant JD.com, announced in an email to all employees on November 22 that starting from January 1, 2023, the cash salary of senior managers will be reduced by between 10% and 20%.
On November 16, Tencent released its financial report for the third quarter of 2022, and announced its decision to distribute most of its shares in Meituan, which will be completed in March next year. Tencent President Martin Lau has resigned as a non-executive director of Meituan.
Singles' Day culminated in a frenzy of promotions on Friday, although lackluster consumer activity may reduce some of its shimmer.
Taobao and JD.com, two of China's leading e-commerce platforms, have recently announced the resumption of links connecting them with short video platform Kuaishou, mainly aiming at the annual Double 11 Shopping Festival.
News that Chinese e-commerce giant JD.com's international business operations will undergo major adjustments has recently spread within the company. Certain business units in Europe and Southeast Asia will be most affected by the changes.
On October 11, Meituan Select, a community group buying platform under Chinese tech firm Meituan, adjusted its brand positioning to a "supermarket with next-day delivery services."
On October 12, Tencent’s share price fell below HK$250, hitting a new low since November 2018. It fell more than 60% from its historical high at the beginning of 2021 and now only has a market value of only HK$2.43 trillion.
Following JD Logistics' acquisition of Deppon, its performance will soon be integrated into JD.com's system. Accordingly, Deppon's senior management team has undergone a large-scale adjustment.