Alibaba Group Holding Ltd (NYSE:BABA) stock dropped on the first trading day of this year, while Vipshop Holdings Ltd – ADR (NYSE:VIPS) and JD.Com Inc(ADR) (NASDAQ:JD) stocks gained. This reflects possibility of a transfer of funds from Alibaba to JD.Com and Vipshop Holdings.
Drones, robots and self-driving vans will soon deliver your packages in this Chinese city -- Online retailer JD.com will test its smart logistics technologies, including robots, drones and autonomous delivery vehicles, in Tianjin as part of a smart city initiative. || SCMP
China’s e-commerce titan JD. [NASDAQ:JD] yesterday partnered up with China Overseas Property Group, major state-owned real estate developer, to build hundreds of cashier-free supermarkets in major Chinese cities, the Paper reported.
Chinese theme park developer Haichang Ocean Park Holdings Ltd. has formed a strategic partnership with the travel channel of e-commerce giant JD. [NASDAQ:JD], thus paving the way for the further expansion of its parks’ online ticket sales.