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Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza [Business Insider]

JD.com, Inc. - American Depositary Shares (JD)  More Company Research Source: Business Insider
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Alibaba, ByteDance, and JD.com offered large discounts amid an uncertain economic environment. By one measure, 618 sales — a barometer of consumer health — fell nearly 7% year-on-year. China's e-commerce platforms worked hard to attract shoppers during the country's annual 618 shopping festival. But economic troubles got in the way of big sales. The 618 promotion is a weeks-long event from late May to June 18, during which online platforms launch flash sales. This year saw internet companies like Alibaba, ByteDance, and JD.com offering steep discounts to woo Chinese consumers hit by persistent deflation youth unemployment , and the property crisis It's is the second-biggest sale after Singles Day, which takes place in November and is likened to Black Friday in the US . The summer shopping festival is seen as a key indicator of China's general retail temperature — and signs so far this year show that consumer spending is still muted. Related stories In recent weeks, Alibab [Read more]
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Stockreport

Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza [Business Insider]

JD.com, Inc. - American Depositary Shares  (JD) 
More Company Research Source: Business Insider
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Alibaba, ByteDance, and JD.com offered large discounts amid an uncertain economic environment. By one measure, 618 sales — a barometer of consumer health — fell nearly 7% year-on-year. China's e-commerce platforms worked hard to attract shoppers during the country's annual 618 shopping festival. But economic troubles got in the way of big sales. The 618 promotion is a weeks-long event from late May to June 18, during which online platforms launch flash sales. This year saw internet companies like Alibaba, ByteDance, and JD.com offering steep discounts to woo Chinese consumers hit by persistent deflation youth unemployment , and the property crisis It's is the second-biggest sale after Singles Day, which takes place in November and is likened to Black Friday in the US . The summer shopping festival is seen as a key indicator of China's general retail temperature — and signs so far this year show that consumer spending is still muted. Related stories In recent weeks, Alibab [Read more]
IMPACT SNAPSHOT
EVENT TIME:
JD
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS