Recent weeks have seen soaring COVID-19 cases across China, pushing many people to various domestic health platforms in an attempt to purchase coveted antiviral medication and fever-reduction pills.
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.
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.
JD.com announced its financial report for the third quarter of 2021 on Thursday. Its net revenue in this quarter was 218.7 billion yuan ($33.9 billion), a year-on-year increase of 25.5%.
Major Chinese e-commerce company JD.com announced on September 6 the appointment of Xu Lei, the former CEO of JD Retail, as the new president of the company.
Chinese medical data company LinkDoc Technology filed paperwork on Monday to list shares in the US, as China’s digital healthcare industry continues to grow in the wake of the coronavirus pandemic.
JD.com's heath-care arm JD Health started trading on the Hong Kong markets on Dec. 8 and shares surged as much as 75% as of press time.
Chinese online healthcare unicorn JD Health has passed a listing hearing on Nov. 15, making a new step toward being listed on the Hong Kong stock market.
Chinese e-commerce retailer JD.com, Inc. is planning to spin off and list its health unit on the Hong Kong stock exchange, the New York-listed company said Monday.
JD Health, the healthcare branch of Chinese e-commerce and supply chain giant JD.com Tuesday announced the launch of its online health care service “Family Doctor” based on “internet+healthcare” model.