JD.com

Chinese e-commerce giant JD.com wins antitrust lawsuit against Alibaba, which was ordered by a Beijing court to pay US$141 million in damages

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Chinese e-commerce giant JD.com wins antitrust lawsuit against Alibaba, which was ordered by a Beijing court to pay US1 million in damages

The Beijing High People’s Court on Friday ruled that Alibaba, owner of the South China Morning Post, “abused its market dominance” and conducted the monopolistic tactic known as “ picking one from two”, which caused damage to JD.com’s business, according to a statement released on the same day by the Beijing-based online retailer. JD.com hailed … Read more

Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

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Chinese e-commerce firms JD.com and Alibaba’s Taobao roll out ‘refund only’ policy to shoppers, heating up rivalry with budget retailer Pinduoduo

Cutthroat competition in China’s vast e-commerce sector is poised to escalate, as leading shopping platforms JD.com and Alibaba Group Holding’s Taobao offer a “refund only” policy so consumers can keep the goods they had bought but complained about – matching an option that budget online retailer Pinduoduo has had in place since 2021. JD.com on … Read more

‘No way out’: JD.com founder Richard Liu warns staff not to ‘lie flat’ as China’s e-commerce incumbents fall behind PDD

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‘No way out’: JD.com founder Richard Liu warns staff not to ‘lie flat’ as China’s e-commerce incumbents fall behind PDD

JD.com founder and chairman Richard Liu Qiangdong has urged his staff to take more proactive actions to fend off competition and fix management problems or else there would be “no way out” for the e-commerce giant. The Chinese billionaire entrepreneur made those comments in a a thread on JD.com’s internal discussion board, where an employee … Read more

Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

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Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

The collaboration between Ant, the fintech affiliate of South China Morning Post owner Alibaba Group Holding, and Shenzhen-based Huawei is expected to benefit consumers who use Alipay and the Chinese tech firm’s devices across different scenarios, according to a statement by Ni Xingjun, president of Alipay China business group and chairman of Ant’s technology strategy … Read more

McDonald’s China pushes development of native apps based on HarmonyOS, as adoption of Huawei’s mobile operating system accelerates

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McDonald’s China pushes development of native apps based on HarmonyOS, as adoption of Huawei’s mobile operating system accelerates

The Chinese arm of McDonald’s – with a network of more than 5,500 restaurants and over 200,000 employees serving more than 1 billion customers each year – is part of the first batch of multinational food companies on the mainland that have committed to develop native apps on HarmonyOS, according to a statement by the … Read more