Michael Burry has just filed a 13F for Q1 2024, updating his portfolio. He has significantly increased his Alibaba position by 66.6%, making it his […]
Tag: JD.com
JD.com Outperforms Q4 Earnings Estimates, Announces Share Buyback and Dividend, Despite Decline in Operational Income
JD(.)com Q4 Earnings Highlights: Earnings Per Share (EPS): JD.com reported an EPS of CNY5.30, surpassing the estimated CNY4.51, indicating positive performance. Revenue: The company exceeded […]
Cloud Services Showdown: Alibaba and JD.com’s Price War in China’s Tech Arena
Alibaba and JD.com, major Chinese tech firms, are competing fiercely by cutting prices in the cloud services market. Alibaba reduced prices by up to 55% […]