On Thursday, Shares of JD.Com Inc (ADR) (NASDAQ:JD), lost -0.36% to $ 33.13.
JD.Com Inc, declared a contract to launch a joint venture (JV), called JD-ZestFinance Gaia, to support the development of consumer credit in China. The JV will leverage ZestFinance’s machine learning-based credit-decisioning technology and JD.com’s reservoir of consumer data to provide credit risk evaluation services to companies in China. Additionally, as part of the agreement, JD.com is making an investment in ZestFinance to assist fund further development of credit risk evaluation services for China and extend consumer access to credit.
“Chinese shoppers are hungry for convenient, reliable and fair credit channels,” said JD Finance CEO Shengqiang Chen. “This requires both a systematic method for making decisions and a robust infrastructure that enables lenders to share data — neither of which is sufficiently developed yet in China. Declaration with ZestFinance, a leader in consumer credit evaluation, is a foundational step toward building a reliable system for assessing credit risk that will assist meet the huge market need. We aim to be the single-stop solution for Chinese consumers to make all of their daily purchases, and this new JV with ZestFinance is another big step in our development.”
JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books.
Shares of New York REIT Inc (NYSE:NYRT), declined -0.50% to $ 9.87, during its last trading session.
New York REIT Inc, declared that, following the preceding authorization of its board of directors, NYRT intends to continue payment of monthly distributions at an annualized rate of $0.46 per share or $0.115 per share on a quarterly basis. Distributions will be paid on a monthly basis to stockholders of record at the close of business on the eighth day of each month, payable on the 15th day of such month, in each case, unless such date is a non-business day. Accordingly, on July 15, 2015, August 14, 2015, and September 15, 2015, NYRT will pay a distribution of $0.038333333 per share to stockholders of record at the close of business on July 8, 2015, August 7, 2015, and September 8, 2015, respectively.
New York REIT, Inc. focuses on acquiring commercial real estate, in addition to acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City.
Finally, Statoil ASA(ADR) (NYSE:STO), ended its last trade with 1.88% gain, and closed at $17.58.
Rolta declared that Statoil, the international energy company, headquartered in Norway , and present in more than 37 countries around the world, has chosen Rolta OneView, as a part of initiatives focused on raising efficiencies in operations and maintenance of their global operations. Rolta’s engagement is to initially carry out a project to provide key insights to assist identify areas that offer potential for improvement, and then configure Rolta OneView for an enterprise implementation, for assisting Statoil to achieve their operational excellence aims.
This selection recognizes some unique capabilities of Rolta OneView that are of specific relevance to Statoil’s business. It is a prebuilt enterprise-level solution and addresses the needs of enterprises to rapidly exploit the business value of Big Data and OT-IT integration through diagnostic, predictive and prescriptive analytics through its 3000+ pre-built performance metrics and business-value scenarios. By leveraging Rolta’s patented technologies that facilitate real time integration of data from disparate Operations and Business systems, Rolta OneView offers cross-functional visibility of Operations, Assets, Maintenance, Reliability, Supply Chain, Health Safety/Environment, Projects and Business insights across an enterprise.
Statoil ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally.
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