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China, Alibaba
China's JD.com misses revenue estimates as consumption weakness lingers
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 Alibaba misses quarterly revenue estimates, beats on profit
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic business.
China's Alibaba Misses Quarterly Revenue Estimates
Alibaba reported revenue of 236.50 billion yuan ($32.72 billion) for the second quarter ended Sept. 30, compared with analysts' average estimate of 240.17 billion yuan, according to data compiled by LSEG. (Reporting by Deborah Sophia in Bengaluru and Casey Hall in Shanghai; Editing by Sriraj Kalluvila)
21h
China Market Update: JD.com Beats, CEO Sheds Light On China’s Economy
Asia had another rough night, as the wrecking ball of US dollar strength came back as some expressed trepidation over ...
1d
on MSN
JD.com Stock Falls. Earnings Fail to Convince Investors China’s Economy Is on the Mend.
JD.com stock fell even after the Chinese e-commerce giant posted a quarterly earnings beat Thursday, indicating China’s ...
17h
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.
5h
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.
11h
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 ...
TechNode
3h
JD.com reports 5.1% revenue growth in Q3 2024
JD.com, Inc. reported a 5.1% year-on-year increase in net revenues, reaching RMB 260.4 billion ($36 billion) for the third ...
SchaeffersResearch.com
1d
2 China-Based Stocks in the Midst of Steep Pullbacks
Alibaba is slated to report fiscal second-quarter results before the open tomorrow, Nov. 15. Per Zacks, the e-commerce name ...
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