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Top related persons:
JD.com - 1 Yan Xiaobing - 1 Yu Rui - 1 Hu Wei - 1 JD's - 1 Daniel Zhang - 1 Alibaba - 1 Eddie Wu - 1
Top related locs:
China
Top related orgs:
CNBC - 1 JD - 1 Innovative Retail - 1 JD Logistics - 1

Search resuls for: "Sandy Ran Xu"


4 mentions found


☆ China's JD.com brings back veteran to lead new grocery business as rival Alibaba plans spinoffs
  + stars: | 2023-06-26 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
JD.com set up an "Innovative Retail" division that houses its grocery business 7Fresh. The "Innovative Retail" unit will house JD's grocery store business 7Fresh and group buying unit Pinpin, a spokesperson confirmed to CNBC. Yan Xiaobing, who retired from JD in 2021 after leading the company's international business, will return to head up the Innovative Retail group, the spokesperson said. Alibaba , JD's biggest e-commerce rival in China, split its company into six separate business units this year, the biggest restructuring in its history. One of the business units Alibaba separated out in its restructure is a "local services" group, which covers its food delivery and grocery businesses.
Persons: JD.com, Yan Xiaobing, Yu Rui, Hu Wei, JD's, Daniel Zhang, Alibaba, Eddie Wu, Joe Tsai, Sandy Ran Xu, Xu Lei, Xu Organizations: CNBC, JD, Innovative Retail, JD Logistics Locations: China
☆ Stocks making the biggest moves midday: First Solar, News Corp, Charles Schwab, Twilio and more
  + stars: | 2023-05-12 | by ( Michelle Fox | ) www.cnbc.com   time to read: +3 min
Check out the companies making the biggest moves midday:First Solar — Shares soared 26.48% after the solar company announced it is acquiring Evolar AB for up to $80 million. First Solar said the acquisition of the European company, which develops thin film used in solar panels, should accelerate its development of next-generation photovoltaic technology. News Corp — The media company's stock popped 8.48% after it reported an earnings and revenue beat for its fiscal third quarter after the bell Thursday, according to FactSet. JD.com — The Chinese e-commerce company's U.S.-listed shares slid 6.19%, a day after gaining 7.2% on an earnings beat. Charles Schwab — Shares of the brokerage firm rose 2.54% Friday after the company reported total client assets rose 1% in April.
☆ Stocks making the biggest moves premarket: PacWest, Disney, Robinhood and more
  + stars: | 2023-05-11 | by ( Samantha Subin | ) www.cnbc.com   time to read: +4 min
PacWest — Shares plunged 20% after the regional bank stock said deposits fell 9.5% for the week ended May 5. Other regional banks stocks moved lower on the news, with Western Alliance and First Horizon down 7.3% and 3.2%, respectively. The company also reported revenue and profit that was roughly in line with Wall Street's expectations. AppLovin — Shares soared more than 16% in premarket trading following the company's first-quarter revenue and-second quarter guidance beat after the bell Wednesday. Analysts had anticipated a loss of $1.01 per share on revenue of $90.8 million, according to Refinitiv.
☆ Stocks making the biggest moves midday: PTN, BYND, GOOGL, PACW and more
  + stars: | 2023-05-11 | by ( Michelle Fox | ) www.cnbc.com   time to read: +5 min
The entertainment giant also reported revenue and earnings in line with Wall Street's estimates, according to Refinitiv. AppLovin — Shares popped 23.53% following the company's first-quarter revenue beat. Unity Software's revenue of $500 million beat the $480 million expected from analysts polled by Refinitiv. Tapestry — Shares of the Coach parent jumped 8.27% after the company reported stronger-than-expected earnings and revenue for its latest quarter. Its first-quarter revenue came in at $441 million, versus analyst estimates of $425 million, according to Refinitiv.
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