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Alibaba rival JD.com posts first annual profit as a public company
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You might hear e-commerce in China and assume ‘Alibaba,’ but another company is making progress to challenge that assumption. JD.com, the nearest e-commerce competitor to Alibaba in China, has reported its first year of profitability as a public company. The Beijing-headquartered company was founded in 1998 and it went public on the Nasdaq nearly four years ago. For its fiscal…
Read Morehttps://techcrunch.com/2018/03/02/jd-com-posts-first-annual-profit/?ncid=rss
6 years ago