Alibaba's Sluggish Growth in China Commerce Drags Down Results [Yahoo! Finance Canada]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Overall sales rose about 5% after the internet pioneer's domestic e-commerce operation eked out just 1% growth, slightly weaker than analysts anticipated. The international division, which encompasses Lazada and the Temu-like AliExpress, expanded retail revenue 35% — again outshining all other segments. The cloud unit's revenue growth accelerated to more than 7%, suggesting it's beginning to claw back market share lost to state rivals. Alibaba's shares fell as much as 3.7% in New York trading. The company is reporting hours after the latest Chinese economic data showed encouraging signs for the world's second largest economy. Retail sales grew at their strongest pace in eight months. Still, the company that once dominated online commerce across the country is struggling to regain its footing after a bruising government-led antitrust investigation that limited its expansion opportunities and bolstered rivals like PDD Holdings Inc. Chief Executive Officer
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JD
News
- JD.com Inc. (JD) Stock Is A Risky Bet In The Current Market, Here's Why [Yahoo! Finance]Yahoo! Finance
- PDD Shares Plummet 4% Following JPMorgan Downgrade to Neutral [Yahoo! Finance]Yahoo! Finance
- Chinese Cosmetics Label Mao Geping to IPO in Hong Kong [Yahoo! Finance]Yahoo! Finance
- US hedge funds pile into China's JD.com, GDS: Goldman [Yahoo! Finance]Yahoo! Finance
- US hedge funds pile into China's JD.com, GDS: Goldman [Yahoo! Finance Canada]Yahoo! Finance Canada
JD
Earnings
- 11/14/24 - Beat
JD
Sec Filings
- 11/14/24 - Form 6-K
- 10/31/24 - Form 6-K
- 9/30/24 - Form 144
- JD's page on the SEC website