On July 14, Chinese e-commerce firm JD.com announced that its subsidiary, JD Intelligent Industry Development Group, had completed its compulsory acquisition of China Logistics Property Holdings (CNLP).
Last Friday, a Minnesota court held a four-hour hearing in which Liu Jingyao, the accuser, asked for punitive damages from both Richard Liu and Chinese e-commerce giant JD.com. She attended the hearing in person.
After successive reductions of more than HK$440 million ($56.06 million) worth of JD Health shares in late April and early May, JD.com founder Richard Liu on June 17 reduced his holdings of about $279 million worth of the firm's shares.
Chinese e-commerce platform JD.com has recently begun to undergo a new round of organizational restructuring. Jingxi Business Group under JD Retail will be broken up within this month.
Xin Lijun, the CEO of JD Retail, said in an interview that JD.com was studying the possibility of entering the field of food delivery.
China's leading panel maker BOE and e-commerce giant JD.com officially announced on Monday the start of a new cooperation.
Chinese e-commerce company JD.com will attempt to develop a food delivery business. Under the arrangement, merchants will operate through the JD Daojia app.
JD.com's community group purchasing platform, Jingxi Pinpin, is further shrinking its business lines and may only retain operations in the cities of Beijing and Zhengzhou.
Chinese e-commerce giant JD.com released its "Environment, Society and Governance Report 2021" on Tuesday, outlining the company’s progress last year in the areas of developing green supply chains, boosting the real economy, and more.
Chinese e-commerce giant JD.com has recently completed a makeover of its listed categories, while the company's existing Fashion Home Business channel has been upgraded to the New Department Store channel.
According to information disclosed by the Hong Kong Stock Exchange, Richard Liu, founder of e-commerce giant JD.com, has recently sold 8.84 million shares in firm subsidiary JD Health, cashing out about HK $440 million.
The United States Securities and Exchange Commission (SEC) added more than 80 Chinese companies to a delisting watchlist on Wednesday, including JD.com, Bilibili and Pinduoduo.
According to Tianyancha's app, William Ding, founder of tech giant NetEase, withdrew from his position as legal representative, general manager and director of Beijing NetEase Media Co., Ltd., a subsidiary of NetEase.
Chinese e-commerce giant JD.com announced Thursday that company president Xu Lei has been appointed as the new CEO, succeeding Richard Liu, who will remain as the chairman of the board.
JD.com's logistics arm has entered into a placing agreement, pursuant to which it has agreed to issue about 150 million of its ordinary shares to a group of third-party investors for a total purchase price of $398 million in a placement.