China's JD.com rises after upbeat Q1 revenue

ReutersMay 12, 2026 10:51 AM

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U.S.-listed shares of Chinese retailer JD.com JD.O up 1.3% at $30.94 premarket

Co says its Q1 revenue rises 4.9%, helped in part by a new round of government subsidies for electronic goods aimed at spurring consumer demand

Reports revenue of 315.7 billion yuan ($46.48 billion), beating analysts' avg est of 311.8 billion yuan, according to data compiled by LSEG

As of last close, stock up ~6% this year

($1 = 6.7920 Chinese yuan renminbi)

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