Alibaba Closes Costco-Style Stores in China Amid Rising Competition
Alibaba is shutting down its Costco-like stores in China due to increased rivalry from other…
JD.com
JD.com Unveils Five-Day Discount Extravaganza to Revolutionize E-commerce
JD.com launches a five-day discount event, offering massive savings on a wide range of products,…
China’s JD.com Acquires German Retailer Ceconomy in $2.5 Billion Deal
JD.com, China's largest retailer, has agreed to acquire German retailer Ceconomy for $2.5 billion, expanding…
JD.com Set to Acquire Ceconomy in Strategic E-commerce Expansion
Chinese e-commerce giant JD.com is poised to acquire Ceconomy, a European retail company, in a…