Reported about 12 hours ago
Chinese e-commerce giant JD.com reported its best revenue growth in 11 quarters, driven by deep discounts and government subsidies, resulting in a total revenue of 346.99 billion yuan for the fourth quarter. This surpassed analysts' expectations and led to a rise in JD.com's share price. The company anticipates continued growth in consumer spending and is expanding into the food delivery market, leveraging its logistics capabilities.
Source: YAHOO