JD’s strong results follow Alibaba’s better-than-anticipated numbers in February. Read more at straitstimes.com.
JD.com's Q4 2024 revenue grew 13.4% YoY to $47.54B, beating analyst estimates. Adjusted net income per ADS was $1.02. Stock price rose. Annual dividend of $1.0 approved.
A $439 billion rally in Chinese tech megacaps this year has left their once-unbeatable US peers in the dust, an outperformance that many investors say has room to extend.
The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.
Discover JD.com's Q4 earnings forecast as China's stimulus boosts retail growth. Analysts predict 10.7% EPS rise.
China submitted a revised request for dispute settlement consultations with the United States to address new U.S. tariffs applied on goods originating in China, the World Trade Organization said on Wednesday.
These companies are widely regarded as AI darlings in China. Alibaba's stock has surged 73% since its low in mid-January (as of this writing). JD and Tencent have also been firmly in rally mode, with the stocks up 41% and 30%, respectively, during the same timeframe. Recent developments suggest there could be more to come.
BEIJING, Mar 8 (China Economic Net) –In Yiwu City, a global small commodity hub in eastern China, Pakistani businessman Rana Sajid found his life's calling. By importing and exporting commodities worldwide, he has built a prosperous career, providing a comfortable life for himself and his family.
Chinese e-commerce giant JD.com saw its December-quarter profit nearly triple from a year earlier on the back of increased consumer spending in the world's second-largest economy. The Beijing-based company on Thursday reported a better-than-expected profit of 9.
Stay tuned for more updates on SumUp China with reporter Felix Bachand.