The Latest Breaking News from JD

Lack of spare cash among under-25s feeds slide in sales with annual profits to be at lower end of expectations

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 400 points on Thursday.

Repeat customers are great for business. It builds a relationship between buyer and seller, and there are some brands for which buyers can't get enough of. This year's JD Power US Automotive Brand Loyalty study reveals the car companies that have a high rate of returning buyers.   

The FTSE 100 index closed up 27.11 points.

Leisurewear firm reports 13.5% decline in profits in six months to 2 August, with sales drop worst in North America

The drop was partly linked to a fall in sales in the UK, where it was also impacted by a number of store closures.

JD Sports Fashion, which generates about 40% of its revenues in the US, today reported lower profits for the first half of the financial year.

Chinese technology stocks rallied on Wednesday as growing bets on artificial intelligence lifted investor sentiment. Shares of Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU), JD.com (NASDAQ:JD), PDD (NASDAQ:PDD), NIO (NYSE:NIO), Li Auto (NASDAQ:LI), and XPeng (NYSE:XPEV) all advanced, underscoring renewed confidence in China’s tech and electric vehicle sectors.

Jack Ma has re-emerged at the center of Alibaba Group (NYSE:BABA) as the company intensifies its push into artificial intelligence and revives competition with JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY).