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China, JD.com
China's JD.com misses revenue estimates as consumption weakness lingers
By Deborah Mary Sophia and Casey Hall (Reuters) -Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as a persistent slowdown in the world's second-largest economy pressured consumers to keep a tight hold on their purse strings.
China’s JD.com faces setback amid economic slowdown, misses revenue targets
JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.
China's Alibaba Misses Quarterly Revenue Estimates
Alibaba reported revenue of 236.50 billion yuan ($32.72 billion) for the second quarter ended Sept. 30, compared with analysts' average estimate of 240.17 billion yuan, according to data compiled by LSEG. (Reporting by Deborah Sophia in Bengaluru and Casey Hall in Shanghai; Editing by Sriraj Kalluvila)
22h
China Market Update: JD.com Beats, CEO Sheds Light On China’s Economy
Asia had another rough night, as the wrecking ball of US dollar strength came back as some expressed trepidation over ...
19h
JD.com Sales Accelerate But China E-Commerce Giant's Stock Falls On Mixed Q3
JD stock fell early Thursday even though the Chinese e-commerce giant beat third-quarter earnings expectations.
7h
on MSN
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hedged its positions.
13h
JD.com: Why I'm Waiting Until, At Least, Late 2025 To Buy
Read an update on JD's Q3 earnings, luxury expansion, and diversification efforts to determine potential growth and ...
TechNode
5h
JD.com reports 5.1% revenue growth in Q3 2024
JD.com, Inc. reported a 5.1% year-on-year increase in net revenues, reaching RMB 260.4 billion ($36 billion) for the third ...
SchaeffersResearch.com
1d
2 China-Based Stocks in the Midst of Steep Pullbacks
Alibaba is slated to report fiscal second-quarter results before the open tomorrow, Nov. 15. Per Zacks, the e-commerce name ...
2d
China Market Update: Asia Goes Risk Off As Singles Day Shines
Please click here to read Last Night's Performance.Asian equities had a weak day, as Hong Kong and Taiwan underperformed by ...
3d
Billionaire David Tepper Sold 93% of Appaloosa's Stake in Nvidia and Is Piling Into One of China's Most Prominent Growth Stocks
Tepper is dumping Wall Street's hottest artificial intelligence (AI) stock in favor of a cash-rich growth stock in China.
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