Alibaba Doubles Up on Singles Day Revenue

Singles aren’t alone in China. Singles Day, a manufactured holiday for online shopping in China akin to Cyber Monday, drew in 82 percent of shoppers who spent an average of 1,577 yuan ($247 USD) on Nov. 11. In 2009, Alibaba...

/ November 23, 2015

JD.com Exceeds Expectations on $1.78 Billion NASDAQ Listing

China’s second-largest e-retailer raised $1.78 billion during its May 21 initial public offering (IPO) on the NASDAQ exchange. JD.com, also known as Jingdong, exceeded investor expectations in an offering that is the latest in a long line of Chinese technology...

/ May 22, 2014

JD.com Plans for $1.7 Billion US IPO

JD.com, Inc.—also known as Jingdong or 360Buy—is planning to raise up to $1.7 billion in its US initial public offering (IPO) on the NASDAQ exchange, according to a May 9 filing with the Securities and Exchange Commission. The company is...

/ May 13, 2014