China's Food Delivery Giant Meituan to Acquire Dingdong Fresh

China's Food Delivery Giant Meituan Opens Brick-and-Mortar Bakery

The giants are starting to muscle in on small bakery businesses.

JD.com Opens its First Brick-and-Mortar Grocery Store in Beijing

Meituan Enters Auto Sales, Following JD.com’s Footsteps

JD.com Pledges $3.1 Billion in Housing Support for Couriers as Instant Retail Battle Heats Up

JD.com said it has already provided 28,000 housing units for front-line staff and plans to expand that to 150,000 units over the next five years.

JD.com to Buy Half of Hong Kong Office Tower for US$450 Million as Retailer Deepens Presence in the City

This year, a new operating center serving Hong Kong Island officially opened in the first quarter. During the “618” mid-year shopping festival, JD.com’s gross merchandise value in Hong Kong jumped 104% from a year earlier, according to company data.

TikTok to Invest $37.7 Billion in First Latin American Data Center in Brazil

Alibaba Books 6 Billion Yuan Gain From Sale of 85% Stake in Trendyol GO

Temu Owner PDD Shares Sink 7% as Further Volatility Cautioned Despite Q3 Earnings Beat

While competition has intensified with many players investing in new business models, PDD will continue to invest in its platform ecosystem, including merchant support initiatives like the RMB10 billion fee reduction program, said PDD Co-CEO Zhao Jiazhen.

China’s JD.com Beats Q3 Revenue Estimates Amid Strong Consumer Demand