Thursday, March 6, 2025

JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)

Bloomberg:
JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises  —  - JD.com's shares climb sharply in US pre-market trading  — Beijing is trying to shift the economy toward consumption



No comments:

Post a Comment

Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2029, after announcing plans to invest $1B+ in Thailand (Kimberley Kao/Wall Street Journal)

Kimberley Kao / Wall Street Journal : Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2...