Macro Finance
JD.com Unit Agrees to Pay SEC $500,000 Over ‘Sham Transactions’
Bloomberg Markets·September 11, 2026·1 min read
A unit of China's online retailer JD.com Inc. agreed to pay $500,000 to settle SEC claims it made a series of 'sham transactions' to meet revenue targets for several quarters starting in October 2022. The settlement resolves allegations of improper accounting practices.
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