'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on ChinaMichael Burry increased stakes in Alibaba, JD.com, and Baidu, while hedging his investments to manage risks in volatile markets.
Alibaba, JD.com results underscore the slowdown in Chinese consumer demandChinese e-commerce giants are facing slowing growth due to a decline in consumer spending and tougher competition.
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on ChinaMichael Burry increased stakes in Alibaba, JD.com, and Baidu, while hedging his investments to manage risks in volatile markets.
Alibaba, JD.com results underscore the slowdown in Chinese consumer demandChinese e-commerce giants are facing slowing growth due to a decline in consumer spending and tougher competition.
Walmart dumps its stake in China e-commerce giant JD.com at an 11% discount from Tuesday's closing share priceWalmart's exit from JD.com signifies a strategic pivot toward its own e-commerce initiatives in China.
Walmart clears out its shares of Chinese e-tailer JD.comWalmart has fully divested its shares in JD.com to concentrate on its operations in China, particularly Sam's Club.
Walmart dumps its stake in China e-commerce giant JD.com at an 11% discount from Tuesday's closing share priceWalmart's exit from JD.com signifies a strategic pivot toward its own e-commerce initiatives in China.
Walmart clears out its shares of Chinese e-tailer JD.comWalmart has fully divested its shares in JD.com to concentrate on its operations in China, particularly Sam's Club.
JD.com Beats Estimates With Quarterly Profit, Revenue GainsJD.com beat analyst estimates for quarterly profit and revenue.Net profit in the third quarter rose 33% from a year earlier to 7.94 billion yuan ($1.09 billion).
JD.com Beats Estimates With Quarterly Profit, Revenue GainsJD.com beats analyst estimates for Q3 profit and revenue.Net profit in Q3 rose 33% to 7.94 billion yuan ($1.09 billion).
JD.com Beats Estimates With Quarterly Profit, Revenue GainsJD.com beat analyst estimates for quarterly profit and revenue.Net profit in the third quarter rose 33% from a year earlier to 7.94 billion yuan ($1.09 billion).
JD.com Beats Estimates With Quarterly Profit, Revenue GainsJD.com beats analyst estimates for Q3 profit and revenue.Net profit in Q3 rose 33% to 7.94 billion yuan ($1.09 billion).