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Ministry of Commerce: In the first quarter, China's Consumer e-commerce showed stable growth, with the trade-in program significantly expanding and driving a 7.4% increase in digital product sales.
On April 21, the head of the Department of E-Commerce of the Ministry of Commerce introduced the development situation of E-Commerce in China for the first quarter of 2025.
JD.com Reportedly Calls Out Anti-Competitive Practice of Rival Food Delivery Platforms
JD.com (JD) Shakes Up China's Food Delivery Market With 100,000 New Riders
JD.com publicly condemns the competitors' platform for forcing riders to choose one of two options: hope you all act responsibly!
Sina Technology reported on the morning of April 21 that JD.com published an open letter to all delivery riders. The letter mentions that recently, some competing platforms have once again played the 'choose one of two' game, forcing riders not to accept JD.com platform's instant delivery Orders. Violations will result in being banned. In the past, riders freely accepted Orders among the three major platforms, which ensured their income. Due to the 'choose one of two' behavior of certain platforms, everyone’s income could decrease by around 16-25%. We express deep sympathy for everyone’s encounters and condemn the illegal and irregular behavior of certain platforms. JD.com stated that in order to support delivery...
JD.com's (NASDAQ:JD) Returns On Capital Are Heading Higher
JD.com Options Spot-On: On April 17th, 59,762 Contracts Were Traded, With 1.26 Million Open Interest
Moriarty mcG : Xiaomi has limited exposure in the US. Mostly traded in Hong Kong
Minotor : They will likely ban VIEs as it has been an issue for some time for the SEC— in this case, no HK option holding allowed for mutual funds .
Alster : If he does that usd gonna crash harder, usd is losing trust