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Stock Market & Financial Investment News

News Breaks
May 23, 2014
10:41 EDTJDJD.com hammering out a bottom, levels to watch
The price history of the shares is brief, but it does appear from the last two session that the stock is trying to hammer out a solid base of support at $20.50. A break below that level needs to be watched as it could portend further price weakness. Resistance is at $21, putting shares in a narrow range. Breaks above $21 could be the start of significant price appreciation
News For JD From The Last 14 Days
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July 28, 2014
06:05 EDTJDJD.com launches Xbox One sales in China
JD.com (JD) began taking China pre-orders for Microsoft's (MSFT) Xbox One gaming console. As part of an agreement between the companies, JD.com will have the exclusive right to accept pre-orders for Xbox One in China from July 28-30 through JD.com's Mobile QQ and Weixin entry points. Vice president of JD.com in charge of the IT and Digital Business unit Shuang Du said, "Through our partnership with Tencent (TCEHY), Chinese consumers are increasingly able to enjoy the JD.com shopping experience directly on China's most popular mobile communications platforms. We will continue to focus on providing the most convenient channels for Chinese consumers to purchase authentic products through their mobile devices." On July 31, the JD.com website and JD.com's exhibition booth at the ChinaJoy Expo in Shanghai will also begin taking pre-orders. Reference Link

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