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Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced the official launch of its 2024 Singles Day Grand Promotion, set to begin at 8:00 P.M. Read More
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced that French-Spanish luxury fashion brand Balenciaga today unveils its official flagship store on JD.com. Read More
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) today announced that ochama, the company's omni-channel retail brand in Europe, has introduced a 1-hour delivery option in the Netherlands. Read More
GigaCloud Technology (Nasdaq: GCT), a Chinese provider of global end-to-end B2B technology solutions for large parcel merchandise, today issued the following statement in response to the claims made in a report by Grizzly Research LLC, a short-seller, issued on May 22, 2024. Read More
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) celebrated its 20th anniversary on June 18 by announcing ambitious goals for the future. Read More
AliExpress, a global retail marketplace operated by Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), officially announced today the launch of a new service, "AliExpress Choice," which will offer a curation of the best value products the platform has to offer and a new monthly shopping event "Choice Day." Read More
Wanda Sports Group ("the Company"), a China-based global sports events, media and marketing platform, today announced the completion of the initial tender offer (the "Offer"), launched by Wanda Sports & Media (Hong Kong) Holding Co. Limited on December 23, 2020, to acquire all of the issued and outstanding class A ordinary shares of the Company, with no par value (the "Class A Ordinary Shares"), including all Class A Ordinary Shares represented by American depositary shares of the Company ("ADSs"). Read More
Chinese game live streaming platform operator HUYA Inc. (NYSE: HUYA) and Wuhan-based game-centric live streaming platform operator DouYu International Holdings Limited (Nasdaq: DOYU) today announced that they have entered into an Agreement and Plan of Merger, dated October 12, 2020 (the "Merger Agreement") with Tiger Company Ltd., a newly formed company with limited liability incorporated under the laws of the Cayman Islands and a direct wholly owned subsidiary of Huya ("Merger Sub"), and, solely for the limited purposes set forth therein, Nectarine Investment Limited ("Tencent"), a wholly owned subsidiary of Tencent Holdings Limited (0700.HK). Read More
Wanda Sports Group Company Limited (the "Company") (Nasdaq: WSG), a China-based global sports events, media and marketing platform, today announced that its Board of Directors (the "Board") has received a preliminary non-binding proposal letter, dated September 30, 2020 (the "Proposal Letter"), from Wanda Sports & Media (Hong Kong) Holding Co. Limited (the "Proposing Buyer"), a wholly-owned subsidiary of Dalian Wanda Group Co. Ltd., to acquire all of the outstanding Class A ordinary shares of the Company (the "Class A Ordinary Shares"), including American depositary shares representing Class A Ordinary Shares ("ADSs," with every two ADSs representing three Class A Ordinary Shares), for USD 2.50 in cash per ADS, or USD 1.67 per Class A Ordinary Share (the "Proposed Transaction"). Read More
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