JD.com’s Q3: Strong profits and growth fail to buoy investor confidence
Improved margins and a rebound in sales lifted JD.com’s Q3 profits, but market skepticism lingered over future growth. JD.com’s Q3 2024 earnings report, released November 14 after the Hong Kong stock market closed, painted a picture of steady financial growth and operational resilience. The e-commerce giant reported operating revenue of RMB 260.4 billion (USD 36.5 billion), a 5.1%...
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