Alibaba rival JD.com posts first annual profit as a public company

 When you hear ‘e-commerce in China’ you’ll probably ‘Alibaba,’ but another company is making progress to challenge the assumption that $450-billion company is China’s only online retail giant. JD.com, the nearest e-commerce competitor to Alibaba in China, has reported its first year of profitability as a public company. The Beijing-headquartered company… Read More

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