China's JD.com beats third-quarter revenue estimates

Reuters

昨天

China's <a href="https://laohu8.com/S/JD">JD</a>.com beats third-quarter revenue estimates

Nov 13 (Reuters) - China's JD.com 9618.HK, JD.O topped market estimates for quarterly revenue on Thursday, as the e-commerce giant benefited from steady consumer spending on its platform thanks to government subsidies and lower prices.

The company reported a 14.9% rise in total revenue to 299.1 billion yuan ($41.99 billion) in the third quarter ended September, compared with analysts' average estimate of 294.05 billion yuan, according to data compiled by LSEG.

($1 = 7.1230 Chinese yuan renminbi)

(Reporting by Deborah Sophia in Bengaluru; Editing by Anil D'Silva)

((DeborahMary.Sophia@thomsonreuters.com;))

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