China's JD.Com Beats Estimates for Quarterly Revenue

16
Comment
Favorite

China's JD.Com Beats Estimates for Quarterly Revenue

Reuters2023-05-11

JD.com Inc beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online shoppers.

U.S.-listed shares of the Beijing-based company rose 4.7% in trading before the bell.

Even after the strict COVID-19 related curbs were lifted late last year, customer spending on online platforms remains high as the pandemic has largely changed shopping habits, making e-commerce firms such as Alibaba Group Holding and JD a big beneficiary of the shift.

The company also said it has appointed Chief Financial Officer Sandy Ran Xu as its CEO.

Revenue for the quarter was 242.96 billion yuan ($35.15 billion), compared with analysts' average estimate of 239.42 billion yuan, according to Refinitiv data.

($1 = 6.9121 Chinese yuan renminbi)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Kennoobie
·2023-05-11
Extremely happy
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2334203497?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-05-11 17:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2334203497","market":"us","top_or_hot":-1,"title":"China's JD.Com Beats Estimates for Quarterly Revenue","media":"Reuters","content":"<html><head></head><body><p>JD.com Inc beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online shoppers.</p><p style=\"text-align: start;\">U.S.-listed shares of the Beijing-based company rose 4.7% in trading before the bell.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4dc2211b2a8141f40f35fac43b59acf\" tg-width=\"850\" tg-height=\"832\"/></p><p style=\"text-align: start;\">Even after the strict COVID-19 related curbs were lifted late last year, customer spending on online platforms remains high as the pandemic has largely changed shopping habits, making e-commerce firms such as Alibaba Group Holding and JD a big beneficiary of the shift.</p><p style=\"text-align: start;\">The company also said it has appointed Chief Financial Officer Sandy Ran Xu as its CEO.</p><p style=\"text-align: start;\">Revenue for the quarter was 242.96 billion yuan ($35.15 billion), compared with analysts&#39; average estimate of 239.42 billion yuan, according to Refinitiv data.</p><p style=\"text-align: start;\">($1 = 6.9121 Chinese yuan renminbi)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's JD.Com Beats Estimates for Quarterly Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's JD.Com Beats Estimates for Quarterly Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n2023-05-11 17:57 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JD.com Inc beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online shoppers.U.S.-listed shares of the Beijing-based company...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JD","symbol_name":"京东","start_time":0,"source_url":"","article_id":"2334203497","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2334203497","pubTimestamp":1683799056,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"JD.com (NASDAQ:JD) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.50 by 38 percent. This is a 72.5 percent increase over earnings of $0.40 per share from the same period","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"translate_title":"京东季度营收超过预期","themeId":"ec9f6f0df2b6498587e7f5318b2eff2b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09618":1,"JD":1},"content_text":"JD.com Inc beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online shoppers.U.S.-listed shares of the Beijing-based company rose 4.7% in trading before the bell.Even after the strict COVID-19 related curbs were lifted late last year, customer spending on online platforms remains high as the pandemic has largely changed shopping habits, making e-commerce firms such as Alibaba Group Holding and JD a big beneficiary of the shift.The company also said it has appointed Chief Financial Officer Sandy Ran Xu as its CEO.Revenue for the quarter was 242.96 billion yuan ($35.15 billion), compared with analysts' average estimate of 239.42 billion yuan, according to Refinitiv data.($1 = 6.9121 Chinese yuan renminbi)","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9970936288,"gmtCreate":1683799798544,"gmtModify":1683799803411,"author":{"id":"4119963323587952","authorId":"4119963323587952","name":"Kennoobie","avatar":"https://community-static.tradeup.com/news/13ad37a0e06c2dfd42ac4f2b5a70b190","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":1},"htmlText":"Extremely happy","listText":"Extremely happy","text":"Extremely happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970936288","repostId":2334203497,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":16,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}