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JD.com’s Q3: Strong profits and growth fail to buoy investor confidenceImproved 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%...0 Commentarii 0 Distribuiri 787 Views 0 previzualizare
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Singapore’s Sea revenue up 30.8 pct on year in third quarterSingapore’s consumer internet firm Sea announced Tuesday that its total revenue rose 30.8 percent year on year to $4.3 billion in the third quarter ended September 30, 2024, underpinned by higher e-commerce growth. The firm said in a statement that its total gross profit for the quarter was $1.9 billion, also up 29.1 percent year-on-year. Its total net income was $153.3 million, as...
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