HONG KONG -- Chinese online retailer JD.com said Wednesday it may repurchase up to $3 billion worth of shares through March 2027, sending the company's U.S.-listed stock soaring.
Chinese e-commerce group vows to boost price competitiveness but stay 'disciplined'
JD.com has expanded discounts to lure price-conscious Chinese shoppers. © Reuters
HONG KONG -- Chinese online retailer JD.com said Wednesday it may repurchase up to $3 billion worth of shares through March 2027, sending the company's U.S.-listed stock soaring.