A bullish bet on a safe haven asset.
Key Insights Given the large stake in the stock by institutions, JD.com's stock price might be vulnerable to their...
Richard Liu Qiangdong, the billionaire founder of Chinese e-commerce giant JD.com, said the company is no place for unproductive staff and threatened to lay them off, as competition heats up in the country's online shopping sector. "[For people who] underperform and don't work hard, the company will not tolerate them and will weed them out," the 51-year-old entrepreneur said in a video that is circulating on social media and was widely reported by local media. Those who perform well should not h