Women (The Wall Street Journal) A new crop of Chinese e-commerce companies has harnessed the power of female consumers. Women are 75% of the customer base and provide 90% of the revenue. JD.com Raises $1.78 Billion Pricing IPO Above Marketed Range (Bloomberg) The offering is the largest ever of a Chinese Internet company listing in New York, according to data compiled by Bloomberg. Investors are seeking to capitalize on growth in China, where revenue from e-commerce will increase 64 percent this year, compared with 12 percent in the U.S., according to projections by digital researcher EMarketer Inc. J. Crew Returns to Asia With 2 Hong Kong Shops (Associated Press) U.S. fashion retailer J. Crew opened two stores in Hong Kong on Wednesday, marking the companys return to Asia after it pulled out of Japan six years ago.
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