Tech

As JD.com’s earnings exceed views and sales go inline, JD.com’s share price will rise. JD.com’s revenue exceeds views and sales are inline.China’s e-commerce giant edge is high

JD.com (JD) reported its third-quarter results on Monday, which outperformed revenue and outperformed sales. JD.com’s share price remained almost unchanged in the first trading Monday.




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A Chinese e-commerce company reported adjusted earnings of 50 cents per share for revenue of $ 25.66 billion. Wall Street expected JD.com to generate $ 25.66 billion in revenue, or 41 cents per share.

JD.com’s share price fluctuated between small gains and losses, raising some of the pre-market movements in today’s stock market. Friday’s stock closed near record highs.

JD.com has a large number of business units offering a wide range of products across all major categories. This includes electronics, apparel, furniture and appliances. We also sell fresh food and groceries. In addition, it has transformed into a major supply chain-based technology and service provider.

JD.com holds a strategic partnership with Walmart (WMT), Google-Parents Alphabet (GOOGL) and based in China Tencent Holdings (TCEHY) Above all.

Follow Brian Deagon on Twitter. @IBD_BDeagon For more information on tech stocks, analytics and financial markets.

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As JD.com’s earnings exceed views and sales go inline, JD.com’s share price will rise. JD.com’s revenue exceeds views and sales are inline.China’s e-commerce giant edge is high

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