China cracks down on big tech companies with new anti-monopoly measures

China is clamping down on big tech conglomerates by tightening its anti-monopoly guidelines for internet and digital payment services. The new rules effectively block companies from forcing sellers to choose between the leading online players, a comm...

You can now spend China’s digital currency at an online store

China’s official digital currency is now usable in a meaningful way... more or less. Reuters reports that JD.com now accepts digital yuan for some purchases at its site, making it the first online platform to take the virtual money. You’ll need to ha...

US police arrest China shopping giant’s CEO over misconduct claims

Richard Liu, the CEO of Chinese internet shopping behemoth JD.com, is facing scrutiny after Minneapolis police arrested and temporarily detained him this weekend over sexual misconduct allegations. Officers took him in late on August 31st and release...

JD.com IPO May Just Be Another Dangdang of China.


Last week, JD.com filed to IPO in the US.  Its filing is here. The filing was noteworthy for a couple of reasons. First, it was the first big Chinese company to file to hold an IPO in the US...