Tech Insider: Baidu Up, GoTo Down, JD Spreads the Wealth Around

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

JD.com swings back into profit — and redistributes some of the wealth in-house

JD.com reported higher sales in the third quarter of this year after shoppers kept buying goods on China’s second-largest e-commerce platform even amid the economic downturn.