JD.com

Critics say that big companies are squeezing traditional small vendors.

Around 84% of the revenue was generated from direct sales of medicine and healthcare products.

As e-commerce platforms reshape Singles’ Day, shoppers exhibit new behaviors in the world’s largest online shopping market.

The logistics arm of e-commerce giant JD.com is expected to raise as much as USD 10 billion in its public debut.

Even as China emerges from the pandemic, JD.com continues to effectively add and retain users.

The IPO of JD.com’s affiliate is expected to raise at least USD 3 billion.

However, for the first time, Single’s Day total GMV fell short compared to 6/18’s GMV in June.

China’s tech giants feel the chill of a tighter regulatory environment.