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China's JD.com beats third-quarter revenue estimates
Reutersยท 2025-11-13 09:34
Core Insights - JD.com exceeded market expectations for quarterly revenue, driven by consistent consumer spending supported by government subsidies and lower prices [1] Group 1: Company Performance - JD.com reported quarterly revenue that topped market estimates, indicating strong performance in the e-commerce sector [1] - The company's growth was attributed to steady consumer spending on its platform, which was bolstered by government subsidies [1] - Lower prices on products also contributed to the increase in consumer spending on JD.com's platform [1]