JD.com earnings tops forecasts, active users near 500 million
JD.com earnings tops forecasts, active users near 500 million

JD.com earnings tops forecasts, active users near 500 million

 

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China's e-commerce giant JD.com Inc's posted better-than-expected revenue in the first quarter of the year, as growth remained robust following the COVID-19 pandemic.

The company has joined rivals Pinduoduo and Alibaba Group in racking up double-digit sales growth during the pandemic, as people flocked to e-commerce platforms to shop for everything from groceries to luxury goods.

Net revenue at JD.com, China's largest e-commerce company by revenue, rose 39 per cent year over year to 203.2 billion yuan ($31.57 billion) in the . . .

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