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JD.com Exceeds Expectations with $47.91 Billion in Quarterly Revenue


Photo by FMT
Photo by FMT

Summary


  • JD.com outperformed quarterly revenue expectations, with strong demand and year-end sales.

  • The company saw double-digit growth in key metrics, including active users and shopping frequency.

  • The Chinese government's stimulus measures and incentives boosted JD.com's sales in sectors like home appliances.


 

JD.com, one of China's leading e-commerce giants, has reported a stellar performance, surpassing market expectations for its quarterly revenue. The company saw impressive growth, largely driven by deep discounts and price cuts that encouraged consumers to make purchases in the lead-up to the year-end.

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