JD's American depositary receipts (ADR) traded at Frankfurt, Germany slumped 4.69 percent to 25.63 Euros (.70) after the market opened on Monday. The US stock market is closed on Monday for the Labor Day holiday.
Its current manufacturing hub built with JAC Motors is in the area as well, which has a production capacity of 100,000 vehicles per year. The plant is producing the ES8 and ES6 SUVs. It also will manufacture Nio's third model, the EC6, which will rival Tesla's Model X and hit the market in the second half of the year.
JD has partnered with leading air cargo companies including China Southern Airlines, Air China Cargo and China Eastern Airlines. With more than 60,000 air routes between cities, air delivery services can be operated in 245 cities across the nation.
It's intriguing to see a 103-year-old traditional Chinese master teach a group of Americans how to paint in a fusion of Chinese and Western styles.
It’s part of a larger effort by Amazon to crack down on on counterfeits and other misuse of its platform. It’s a difficult challenge, as detailed in a Washington Post article last fall describing a “flea market of fakes” on Amazon.com.
It’s less complicated than the “Big Radish” formula but also more costly for customers in many cases, especially up front.
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Its Tmall Genie X1 speaker can simplify online shopping by executing purchases based on voice commands.
Its shares opened 115.70 percent higher -- at 121.01 yuan -- with a total market capitalization reaching 82.24 billion yuan. The company issued 679 million shares during this round, at 56.10 per share.
Its China sales in February fell 60 percent year-on-year due to the novel coronavirus, but the market started to recover in March and has now got back to normal.
It's not the first time Byte-Dance - which also runs China's popular news aggregator Toutiao - has fallen foul of rules.