Thursday, March 5, 2026

JD.com reports Q4 revenue up 1.5% YoY to ~$51B and a ~$391M net loss, its first loss in nearly four years, on weak Chinese spending and a food delivery battle (Bloomberg)

Bloomberg:
JD.com reports Q4 revenue up 1.5% YoY to ~$51B and a ~$391M net loss, its first loss in nearly four years, on weak Chinese spending and a food delivery battle  —  JD.com Inc. reported its first quarterly loss in nearly four years following a costly foray into food delivery …



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...