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JD.com’s billionaire founder Richard Liu won’t be charged in sexual misconduct case – TechCrunch

JD.com’s billionaire founder Richard Liu won’t be charged in sexual misconduct case – TechCrunch Roughly four months after JD.com’s billionaire CEO Richard Liu was arrested and later released by Minneapolis police on suspicion of alleged sexual misconduct, local authorities say they will not be charging him in a sexual-misconduct case. In …

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How a Chinese anti-virus software maker builds a fintech firm to wrestle with giants – TechCrunch

How a Chinese anti-virus software maker builds a fintech firm to wrestle with giants – TechCrunch 360 Finance, an online consumer loan platform that spun off from China’s anti-virus service giant 360 Group, has joined a raft of Chinese fintech companies to go public in the U.S. over the last …

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A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B – TechCrunch

A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B – TechCrunch There is no shortage of up-and-comers jostling for a spot in China’s massive ecommerce industry, and oftentimes they pick a niche market and present a novel business model different from the establishment of …

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Walmart partners with Rakuten to open its first e-commerce store in Japan – TechCrunch

Walmart partners with Rakuten to open its first e-commerce store in Japan – TechCrunch Walmart is continuing its strategy of revamping its businesses in Asia after the U.S. retail giant opened its first e-commerce store in Japan, where it is working with local retail giant Rakuten. The companies first announced …

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China’s JD.com teams up with Intel to develop ‘smart’ retail experiences – TechCrunch

China’s JD.com teams up with Intel to develop ‘smart’ retail experiences – TechCrunch Months after it landed a major $550 million investment from Google, China’s JD.com — the country’s second highest-profile investor behind Alibaba — has teamed up with another U.S. tech giant: Intel. JD and Intel said today that …

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Tencent-backed fleet manager G7 racks up $320M in funding – TechCrunch

Tencent-backed fleet manager G7 racks up $320M in funding – TechCrunch A sizable funding round is poised to heat up a race to automate China’s logistics infrastructure. Beijing-based fleet management company G7 announced on Monday that it has banked $320 million to drive technological development, bringing its total capital raised to …

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From rejecting Alibaba’s advances to US IPO – TechCrunch

From rejecting Alibaba’s advances to US IPO – TechCrunch Mogu, a Tencent-backed service that offers fashion content and products to young women, has joined a string of Chinese tech companies pressing ahead to sell their shares through initial public offerings in the US before the year-end. Mogu priced its sale …

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Alibaba and Amazon move over, we visited JD.com connected grocery store in China – TechCrunch

Alibaba and Amazon move over, we visited JD.com connected grocery store in China – TechCrunch The arm race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s ecommerce titans Alibaba and JD.com, which are turning offline for growth. …

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Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push – TechCrunch

Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push – TechCrunch Alibaba may have pioneered the concept of Singles’ Day, the world’s largest shopping day based on sales, but it very much not the only e-commerce giant involved. JD.com, Alibaba’s biggest rival in China, just announced that …

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Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing – TechCrunch

Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing – TechCrunch Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – …

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