Despite Virtue-Betraying Apologies, Chinese Retailers Pull NBA Merchandise [zero hedge]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: zero hedge
Despite Virtue-Betraying Apologies, Chinese Retailers Pull NBA Merchandise Chinese retailers and many of the country's top e-commerce websites have pulled NBA merchandise - particularly that of the Houston Rockets, after the general manager Daryl Morey ignited controversy by supporting, and then apologizing for supporting, pro-democracy protesters in Hong Kong. According to research by Quartz, "searches for Rockets merchandise on Alibaba-owned e-commerce sites Tmall and Taobao returned no results."Their official NBA landing pages are still functioning, just with Rockets merchandise removed—a notable absence since the Rockets, the longtime team of former Chinese star Yao Ming, are popular in China. On rivals JD.com and Suning, searches for “NBA” and for Rockets products turned up no results. The South China Morning Post reports that the popular shopping app Pinduoduo has also taken down Rockets merchandise.Similar occurrences are happening offline. In Chongqing, a reporter f
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JD
News
- JD.com, Inc. (NASDAQ: JD) had its "equal weight" rating re-affirmed by analysts at Morgan Stanley. They now have a $27.00 price target on the stock.MarketBeat
- China Market Update: Markets Ignore Biden Tariff Talk, JD.com Buyback Update [Forbes]Forbes
- JD.com Announces Updates of Its Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- JD.com Announces Updates of Its Share Repurchase ProgramGlobeNewswire
- JD.com Files Its Annual Report on Form 20-FGlobeNewswire
JD
Earnings
- 3/6/24 - Beat
JD
Sec Filings
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 20-F
- JD's page on the SEC website