
Chinese E-commerce Giant JD to Issue First HKD Stablecoin on Public Blockchain
Hong Kong is one of the most crypto-friendly countries in the world, with a comprehensive regulatory framework for the issuance and usage of digital assets.
Hong Kong is one of the most crypto-friendly countries in the world, with a comprehensive regulatory framework for the issuance and usage of digital assets.
The Singles Day shopping event has grown to become an avenue where all e-commerce service providers struggle to win a good market share.
The use of e-CNY in such scenarios will help give a wholesome idea of how the currency works with the masses.
Elaborating on the company’s plans for gaming, president of JD Mobile Devices Daniel Tan said that eventually, they want to create a place where everything related to gaming can be made available.
Stocks in Asia-Pacific are mixed as the US Federal Reserve released the minutes of their November meeting. Chinese JD Health filed for IPO on the Hong Kong Stock Exchange.
JD Health has earmarked 381.9 million shares for the IPO which it is set to be sold for a price from HK$62.80 to HK$70.58.
After good sales during the 618 Shopping Festival, JD.com and Alibaba stocks closed up yesterday but declined at the opening today.
Pinduoduo (PDD) stock rose by 1.66% to trade slightly above $50 on April 21. The U.S.-listed Chinese company is becoming a fast-growing rival to Alibaba and JD in China.
Chinese retailer Pinduoduo has just surpassed JD.com to become the 4th largest internet company in China.
JD.com launches its innovative JD Blockchain Open Platform for enterprises and collaborates with Pacific Insurance – one of its first partners.
Walmart, JD, Tsinghua University and IBM announced creation of the Blockchain Food Safety Alliance, aimed at traceability and safety of food supply chain in China.