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China, JD.com
China's JD.com misses revenue estimates as consumption weakness lingers
(Reuters) -Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as a persistent slowdown in the world's second-largest economy pressured consumers to keep a tight hold on their purse strings.
China’s JD.com faces setback amid economic slowdown, misses revenue targets
JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.
China's Alibaba Misses Quarterly Revenue Estimates, Beats on Profit
In August, China's market regulator issued a statement saying Alibaba had completed three years "rectification" following a record $2.75 billion fine levied in 2021 for monopolistic behaviour, drawing a line under the company's regulatory troubles.
2d
on MSN
JD.com Posts Earnings Beat After China Tries to Kick-Start Economy. The Stock Falls.
JD.com stock fell even after the Chinese e-commerce giant posted a quarterly earnings beat Thursday. Third-quarter adjusted ...
1d
China Market Update: Alibaba Earnings Deep Dive, Tepper & Burry Maintain China Positions, Week In Review
Asia ended an off week mixed as Mainland China underperformed, the Philippines outperformed, and India was closed for the ...
2d
on MSN
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hedged its positions.
2d
JD.com Sales Accelerate But China E-Commerce Giant's Stock Falls On Mixed Q3
JD stock fell early Thursday even though the Chinese e-commerce giant beat third-quarter earnings expectations.
2d
JD.com: Why I'm Waiting Until, At Least, Late 2025 To Buy
Read an update on JD's Q3 earnings, luxury expansion, and diversification efforts to determine potential growth and ...
4d
Billionaire David Tepper Sold 93% of Appaloosa's Stake in Nvidia and Is Piling Into One of China's Most Prominent Growth Stocks
Tepper is dumping Wall Street's hottest artificial intelligence (AI) stock in favor of a cash-rich growth stock in China.
4d
China Market Update: Asia Goes Risk Off As Singles Day Shines
Please click here to read Last Night's Performance.Asian equities had a weak day, as Hong Kong and Taiwan underperformed by ...
1d
The Big Short's Michael Burry: Betting On China With Baidu And Others
Baidu offers growth in AI and autonomous driving with strong cash flows. Learn why BIDU stock remains attractive despite ...
5d
on MSN
Singles' Day shopping festival loses its shine under China's lagging economy
While Singles’ Day was previously a one-day event, shopping platforms in China now kickstart the festival weeks ahead to drum ...
1d
Chinese Tech Giant Alibaba Posts 5% Quarterly Revenue Growth
The Hangzhou-based firm operates some of China's most widely used online shopping platforms, making its performance a bellwether for consumer sentiment.
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