JD.com

The VC/PE firm that backed Tencent and JD.com is reloading USD 13 billion for future investments.

Chinese vendors sold a total of 73.2 million smartphones, down by 22% YoY due to the COVID-19 pandemic.

With JD Cloud & AI as partner, Cloudflare plans to establish 150 new data centers in mainland China.

A lack of investor confidence in US-listed Chinese companies may push more firms to consider returning to domestic exchanges in Hong Kong and Shanghai.

However, Yonghui Superstores’ stock dived more than 6% following the announcement.

Beijing-headquartered company aims to raise USD 2 billion in Hong Kong listing.

This investment also marks JD.com’s foray into the tourism industry, which is being hard hit by the COVID-19 pandemic.

Users can control home appliances remotely from their cars via voice command or touch screen.