BUSINESSFINANCIAL TIMES WORLD
Shares of China’s JD.com slide 10% after first revenue decline in more than a decade
Shares of China’s JD.com dropped 10%, marking its first revenue decline in over a decade. The e-commerce platform experienced this sales drop after the termination of a government subsidy programme.
Mentioned
Related Signal
Adjacent reporting
- Alibaba, JD.com Slide After Beijing Slams Price-Cut Promotions
- Beijing reins in Alibaba, JD.com over destructive 618 price cuts
- Emerging-Market Stocks Drop as Chinese E-Commerce Joins AI Slide
- China scolds e-commerce giants
- China’s stock market sees drop in new A-share, margin-trading accounts amid tech sell-off
- China’s e-commerce platforms help unlock global markets for South Korean brands