• Home
  • Tags
  • JD.com

JD.com news and archive

JD.com swings to profit, net revenues increase by 11.4 percent

JD.com, Inc. net revenues for the third quarter of 2022 were 243.5 billion Chinese yuan (134.2 billion dollars), an increase of 11.4 percent from the third quarter of 2021. Net service revenues for the quarter were 46.5 billion Chinese yuan (6.5 billion dollars), an increase of 42.2 percent. The company said, income from operations was 8.7...

18 Nov 2022

Business

Alibaba and JD.com keep Singles Day sales under wraps for first time

Chinese e-commerce giants Alibaba and JD.com have opted to not release any sales numbers for their annual Singles Day, possibly hinting that macroeconomic headwinds could be hitting the region and its businesses. While Alibaba said the results had delivered in line with last year’s GMV performance despite the macro challenges, JD.com said this...

14 Nov 2022