China's JD.com misses quarterly revenue estimates amid weak consumer spending

Quick Summary:

Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.

China's JD.China's JD.China's JD.

Net income attributable to JD.com's ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8 per cent from a year earlier.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Billion Estimates Revenue 2016 Chinese Mediacorp Economic Yuan Cent E-commerce

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 17:52:09 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23583923

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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