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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How AI gutted Kenya's essay-writing industry, which at its peak paid 40,000+ people in Nairobi to do overseas students' homework, leaving few paths back to work (New York Times)

New York Times : How AI gutted Kenya's essay-writing industry, which at its peak paid 40,000+ people in Nairobi to do overseas studen...