Shares of JD.com (JD -4.09%) fell 4.1% on Tuesday, following reports that the Chinese e-commerce leader is mulling whether to make a bid to acquire British electronics retailer Currys. The move would spark a potential bidding war with U.S.-based activist investor Elliott Advisors.Is a bidding war brewing for Currys?On Saturday, Currys rejected an initial $883 million acquisition offer from Elliott Management, arguing the potential cash offer "significantly undervalued" the company. Currys operates around 30 ...

The latest showdown between the U.S. and China may take place on the British high street.Shares in London-listed Currys CURY, +37.64% surged 37% on Monday after Chinese e-commerce giant JD.com said it was considering an offer for the struggling U.K. electrical goods retailer.The announcement raises the prospect of a bid battle with Elliott Investment Management after the U.S. hedge fund and private equity group said over the weekend it was considering making a 62 pence cash offer for Currys that valued the ...

APEC Economic Leaders Week In San Francisco Kent Nishimura/Getty Images NewsThis week, all eyes are on Chinese ADRs. Yesterday, Alibaba Group Holding (BABA) reported its earnings for the quarter ended December 31, and announced a $25 billion increase in buybacks. Analysts expected that Alibaba would reveal $36.4 billion in revenue and $2.64 in earnings per share (“EPS”) in Q4. The company actually did $36.66 billion in revenue (up 2.1% or 5% in constant currency), and $2.67 in EPS, beating both estimates. ...

In the latest market close, JD.com, Inc. (JD) reached $22.38, with a +1.5% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.57%. At the same time, the Dow lost 0.14%, and the tech-heavy Nasdaq gained 1.25%.Heading into today, shares of the company had lost 13.16% over the past month, lagging the Retail-Wholesale sector's gain of 6.4% and the S&P 500's gain of 5.07% in that time.Analysts and investors alike will be keeping a close eye on the performance of JD.com, Inc. ...

JD.com, Inc. (JD) closed the latest trading day at $23.93, indicating a +1.4% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.53%. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq appreciated by 0.19%.The company's shares have seen a decrease of 14.96% over the last month, not keeping up with the Retail-Wholesale sector's gain of 0.63% and the S&P 500's gain of 2.48%.The upcoming earnings release of JD.com, Inc. will be of ...

Identifying the next big wave is crucial for maximizing returns among investment opportunities. This article delves into three potential 5X emerging market stocks that could reach the mark by 2027.The first one, the technology powerhouse, exhibits robust financials and a strategic roadmap in semiconductor technology. Meanwhile, the second one, a key player in materials, showcases operational excellence and a focus on green initiatives, setting the stage for substantial growth. The third one, the e-commerce ...

Shares of JD.com (JD 1.23%) fell 9.8% this week, according to data provided by S&P Global Market Intelligence, as analysts mulled the implications of worrisome economic data coming out of China for the Chinese e-commerce leader.On China's GDP growth, potential headwinds for JDOn Wednesday, China's National Bureau of Statistics announced the country's economy grew by 5.2% year over year in the period from October to December, falling slightly short of expectations for 5.3%. The mainland Chinese CSI 300 index ...

Shares of JD.com (JD -5.51%), the Chinese e-commerce giant, continued to slide today as downbeat news on the Chinese economy was weighing on the stock once again. Additionally, one Wall Street analyst lowered its price target, reflecting ongoing negativity around the stock.As of 12:03 p.m. ET, JD.com stock was down 4.9%. China concerns keep growingThe world's No. 2 economy officially reported that gross domestic product (GDP) grew 5.2% in 2023, and slowed to 4.1% in the fourth quarter. While those numbers r ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JD.com. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Shares of JD.com (JD 0.43%) tumbled in 2023 as the Chinese e-commerce company continued to report disappointing results and sluggish growth, and China's economic recovery also came up short.According to data from S&P Global Market Intelligence, the stock finished last year down 49%. As the chart below shows, most of the sell-off came early in the year, though the stock finished 2023 near its low point as investor sentiment on the stock has taken a dive. JD.com goes from bad to worseLike other Chinese tech s ...