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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion

JD.com, 6/19/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More

Pinduoduo Subscribes to USD 200 Mln in Gome Convertible Bonds in Strategic Partnership

Pinduoduo, 4/19/20

Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) today announced it will subscribe to USD 200 mln in convertible bonds ("CBs") issued by Chinese household appliance and electronics retailer GOME Retail Holdings Limited (0493.HK) as part of a strategic partnership to bring more value-for-money merchandise to Pinduoduo's 585.2 mln users. Read More

JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale

JD.com, 11/12/19

Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More