European Commission opens in-depth foreign subsidies investigation into JD.com's proposed acquisition of Ceconomy
PRESS RELEASE Commission opens in-depth foreign subsidies investigation into JD.com’s proposed acquisition of Ceconomy 28 May ...
Let’s keep it nice and easy today following the release by JD Logistics of its interims on Tuesday.
To borrow a line from analysts at UBS, who released a (short, slightly edited here) note to investors today, the “top line growth printed 22% year-on-year, within the range of 20-25% the company guided earlier” but “slightly below our estimate (UBSe: 22.7%)”.
And the “non-IFRS loss was RMB798m, a bit larger than our estimate of RMB722m”.
Nonetheless, without disclosing a cash flow statement and still absent ...
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