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Hundreds of megawatts of new data center capacity are being planned in Vernon, a city near LA, which is a key US-Asia cable-linking hub and is becoming crowded (Nilesh Christopher/Los Angeles Times)

Nilesh Christopher / Los Angeles Times : Hundreds of megawatts of new data center capacity are being planned in Vernon, a city near LA, w...

6 March 2024

JD reports Q4 revenue up 3.6% YoY to ~$42.6B, beating ~$41.7B est., after offering discounts and launches a $3B three-year stock buyback program; JD jumps 8% (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
JD reports Q4 revenue up 3.6% YoY to ~$42.6B, beating ~$41.7B est., after offering discounts and launches a $3B three-year stock buyback program; JD jumps 8%  —  - Sales rose a better-than-expected 3.6% in the fourth quarter … The online retailer reported sales of 306.1 billion yuan …

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