Chinese e-commerce giant JD.com notches Q3 growth; Foxconn posts $1.5 bn Q3 net profit

Chinese e-commerce giant JD.com notches Q3 growth; Foxconn posts $1.5 bn Q3 net profit

Energy Daily

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Beijing (AFP) Nov 14, 2024

Chinese e-commerce giant JD.com announced accelerated third-quarter growth on Thursday, a positive sign for the firm as it grapples with lacklustre consumer spending and tough competition with its main competitor, Alibaba. Total revenue during the three-month period ended September 30 was 260.4 billion yuan ($36 billion), up 5.1 percent year-on-year, a filing at the Hong Kong Stock Exchange

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