Future Tech
Chinese e-commerce firm JD.com beats fourth-quarter revenue estimates
Chinese online retailer JD.com reported fourth-quarter revenue above estimates on Wednesday, as aggressive price cuts helped revive demand from consumers grappling with an uncertain economy.
The company reported quarterly net revenue of 306.1 billion yuan ($42.52 billion), compared with analysts' average estimate of 300.04 billion yuan, according to LSEG data.
- Reuters
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