China's JD.com beats estimates for quarterly revenue

Reuters · 05/11/2023 09:49
China's JD.com beats estimates for quarterly revenue

- JD.com Inc 9618.HK, JD.O beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online shoppers.

Revenue for the quarter was 242.96 billion yuan ($35.15 billion), compared with analysts' average estimate of 239.42 billion yuan, according to Refinitiv data.



($1 = 6.9121 Chinese yuan renminbi)


(Reporting by Tiyashi Datta in Bengaluru; Editing by Krishna Chandra Eluri)

((tiyashi.datta@thomsonreuters.com;))