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JD Down After Q3 Print, But Many Analysts Remain Optimistic
Tuesday, November 20, 2018 - 12:28pm | 535JD.Com Inc (NASDAQ: JD) plunged 5.3 percent Tuesday on news of its founder’s pullback from some of his CEO duties in the wake of an August arrest on suspicion of criminal sexual conduct. JD released underwhelming fourth-quarter guidance that overshadowed in-line quarterly results...
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Alibaba's Singles' Day Gross Merchandise Value Up 40% In First Half Of Day
Friday, November 11, 2016 - 10:18am | 281Morgan Stanley said Alibaba Group Holding Ltd (NYSE: BABA)’s Singles' Day midday gross merchandise value (GMV) rose 40 percent, with mobile ratio at 83.6 percent. Alibaba's GMV reached Rmb80.7 billion at 12:00 p.m. on November 11 versus Rmb57.6 billion to midday on last year’s...
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How Did Singles' Day Become A Billion-Dollar Event?
Thursday, November 10, 2016 - 4:11pm | 407U.S. retail investors are looking ahead to the critical Thanksgiving weekend shopping events, including Black Friday and Cyber Monday. However, for Chinese retail investors, it doesn’t get much bigger than this weekend’s Singles' Day event. China's 'Anti-Valentine's Day' In China,...