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JD.com Beats Revenue Estimates as Lockdowns Boost E-commerce Demand

Selasa, 17 Mei 2022 | 18:44 WIB
JD.com Beats Revenue Estimates as Lockdowns Boost E-commerce Demand

ILUSTRASI. JD.com Inc beat Wall Street estimates as more people shopped on its platform following lockdowns in mainland China.

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - Chinese e-commerce group JD.com Inc beat Wall Street estimates for quarterly revenue on Tuesday, as more people shopped on its platform following lockdowns in mainland China to fight a fresh Covid-19 outbreak.

US listed shares of the Beijing-based company rose nearly 8% in premarket trading. E-commerce rival Alibaba Group also surged 7% and Pinduoduo climbed more than 8% before the market opened.

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