Recently listed e-commerce giant JD.com (Nasdaq: JD) was making plenty of noise in the microblogging realm this week, as it hyped a June 18 promotion that it’s trying to build as an alternative to Alibaba’s wildly popular November 11 Single’s Day event. Meantime, Xiaomi’s talkative CEO Lei Jun was in a rare defensive posture on his microblog, discussing a recent major price cut as his company tries to meet the huge expectations it has set for itself. Last but not least, officials from Alibaba and its recently acquired UCWeb web browser unit took advantage of a recent controversy involving a massive fine against a Shenzhen company to criticize rival Tencent (HKEx: 700) for wielding too much power on the Chinese Internet. Read Full Post…
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