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China, JD.com
China's JD.com misses revenue estimates as consumption weakness lingers
(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, Beats on Profit
In August, China's market regulator issued a statement saying Alibaba had completed three years "rectification" following a record $2.75 billion fine levied in 2021 for monopolistic behaviour, drawing a line under the company's regulatory troubles.
1d
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 ...
2d
on MSN
JD.com Stock Falls. Earnings Fail to Convince Investors China’s Economy Is on the Mend.
JD.com stock fell even after the Chinese e-commerce giant posted a quarterly earnings beat Thursday, indicating China’s ...
1d
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 ...
23h
China Market Update: Alibaba Earnings Deep Dive, Tepper & Burry Maintain China Positions, Week In Review
Asia ended an off week mixed as Mainland China underperformed, the Philippines outperformed, and India was closed for the ...
1d
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.
TechNode
1d
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 ...
4d
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.
5d
Making Fun of Men in China Comes at a Cost
Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.
1d
Chinese Tech Giant Alibaba Posts 5% Quarterly Revenue Growth
The Hangzhou-based firm operates some of China's most widely used online shopping platforms, making its performance a bellwether for consumer sentiment.
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