China's JD.com tops quarterly revenue estimates
ReutersAug 14, 2025 9:35 AM
Aug 14 (Reuters) - Chinese e-commerce giant JD.com 9618.HK, JD.O beat market estimates for quarterly revenue on Thursday, signaling resilient consumer spending on its platform fueled by price cuts and government subsidies.
Total revenue rose 22.4% to 356.66 billion yuan ($49.73 billion) during the second quarter ended June, compared with analysts' average estimate of 331.63 billion yuan, according to data compiled by LSEG.
($1 = 7.1714 Chinese yuan renminbi)
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