· 2d
China's JD.com tops revenue estimate on robust demand, government stimulus lift
China’s JD.com beats quarterly revenue estimate
Chinese e-commerce giant JD.com exceeded market expectations for quarterly revenue on Thursday, as deep discounts and price cuts encouraged robust spending from consumers, driving up strong
· 2d · on MSN
JD.com Earnings Beat Expectations. Why That’s a Good Sign for the Stock and China.
JD’s strong results follow Alibaba’s better-than-anticipated numbers in February. Read more at straitstimes.com.
JD.com's Q4 2024 revenue grew 13.4% YoY to $47.54B, beating analyst estimates. Adjusted net income per ADS was $1.02. Stock price rose. Annual dividend of $1.0 approved.
The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.
JD.com shares are trading lower by 7% to $39.49 during Monday's session, retreating following recent gains. The stock has gained 15% on a year-to-date basis, amid a broader rally in Chinese equities and following Alibaba's strong earnings.
A $439 billion rally in Chinese tech megacaps this year has left their once-unbeatable US peers in the dust, an outperformance that many investors say has room to extend.
China submitted a revised request for dispute settlement consultations with the United States to address new U.S. tariffs applied on goods originating in China, the World Trade Organization said on Wednesday.
Chinese e-tailer JD.com (JD) is set to announce its Q4 2024 results on March 6. The stock has surged more than 89% over the past year,
BEIJING, Mar 8 (China Economic Net) –In Yiwu City, a global small commodity hub in eastern China, Pakistani businessman Rana Sajid found his life's calling. By importing and exporting commodities worldwide, he has built a prosperous career, providing a comfortable life for himself and his family.
China's joyful embrace of DeepSeek has gone one step deeper - extending to TVs, fridges and robot vacuum cleaners with a slew of home appliance brands announcing that their products will feature the startup's artificial intelligence models.
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