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JD.com (JD) Tops Q3 EPS by 12c, Revenues Beat

Go back to JD.com (JD) Tops Q3 EPS by 12c, Revenues Beat

JD.com, Inc (JD) PT Raised to $33 at Mizuho Securities

November 18, 2019 6:54 AM EST

Mizuho Securities analyst James Lee raised the price target on JD.com, Inc (NASDAQ: JD) to $33.00 (from $31.00) while maintaining a Neutral rating. Lee believes that comps for revenue growth and margins will likely be tough in 2020. Management plans to step up investments in... More

Burberry aims to woo more customers in China with Tencent tie-up

November 14, 2019 8:37 AM EST

(Reuters) - British luxury brand Burberry (OTC: BRBY) on Thursday said it has joined forces with China's Tencent for a new digital marketing and sales push to tap the nation's increasingly social media savvy shoppers in a critical luxury market.

Burberry said it will open a so-called "social retail" store in Shenzhen in China's technology hub powered by Tencent technology in the first half of next year that will blend retail and social media to create digital and physical spaces aimed... More