Future Tech
Chinese e-commerce giant JD.com misses quarterly revenue estimates
Chinese e-commerce giant JD.com missed Wall Street estimates for quarterly revenue on Thursday, hurt by stiff competition and tepid customer spending amid a sluggish economic recovery.
The company's total revenue rose 1.2% to 291.4 billion yuan ($40.71 billion) in the second quarter, compared with estimates of 292.89 billion yuan, according to 23 analysts polled by LSEG.
- Reuters
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