Bloomberg:
JD.com reports Q3 revenue up 5.1% YoY to ~$36B, above $35.9B est., and net income up 48% YoY to ~$1.6B, suggesting a recovery in segments of China’s economy — JD.com Inc.’s quarterly revenue rose 5.1%, suggesting Chinese consumers are cautiously spending again as Beijing tries to revitalize the economy.
No comment yet, add your voice below!