Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record; shares pop 8% - CNBC


5/17/2022 12:00:00 AM2 years 11 months ago
by Arjun Kharpal

JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise.

Chinese e-commerce giant JD.com posted its slowest quarterly revenue growth on record for the first three months of the year, as Covid-19 lockdowns in the world's second-largest economy weighed on co… [+3148 chars]

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