Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

JD.com Unit Agrees to Pay SEC $500,000 Over ‘Sham Transactions’

A unit of China’s online retailer JD.com Inc. agreed to pay $500,000 to settle US Securities and Exchange Commission claims it made a series of “sham transactions” to meet revenue targets for several quarters starting in October 2022.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Friday 11 September →