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- Shares of JD.com (JD -0.49%) were falling today after the Chinese e-commerce giant reported fourth-quarter earnings this morning. Though the results were solid overall, revenue growth dropped to its slowest pace in six quarters, and broader fears about slowing economic growth in China seemed to weigh on the stock.
www.fool.com/investing/2022/03/10/why-jdcom-stock-was-tumbling-today/
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What happened to JD Sports?
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Why was JD Sports forced to sell Footasylum?
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Feb 19, 2024 · 19 February 2024. By Nick Edser & Simon Jack,BBC News. Shutterstock. Currys could be at the centre of a takeover battle after Chinese e-commerce group JD.com said it was considering an offer...
Aug 1, 2022 · The UK's largest sportswear retailer JD Sports Fashion is to sell its Footasylum chain following a long battle with the country's competition watchdog. The business will be sold to German asset management firm Aurelius for £37.5m - a substantial loss on the £90m JD Sports paid for it three years ago.
Oct 13, 2023 · Key Points. Morgan Stanley sees a possibility that this period of soft consumer spending in China will last longer than many expect. This could weigh on JD.com's growth over the next few...
- John Ballard
Aug 1, 2022 · Getty Images. Sportswear chain JD Sports has lost millions of pounds after being forced to sell Footasylum, three tumultuous years after buying the retailer. JD Sports has offloaded Footasylum...
Sep 7, 2023 · Shares of JD.com ( JD 3.04%) were falling last month as the Chinese e-commerce company reported middling results in its second-quarter earnings report and as Chinese economic data remained...
- Jeremy Bowman
In August 2023, it was announced JD Sports had acquired the remaining 40% of shares in the Krakow-headquartered footwear and clothing retail chain, Marketing Investment Group. JD Sports acquired the first 60% in April 2021. JD Sports opened its first store in Poland in December 2021.
Press Releases. SEC Filings. ‘Big Short’ investor Michael Burry just made a big bet on gold — and dumped tech giants Alphabet and Amazon. A bullish bet on a safe haven asset. Moneywise • 3 days...