(Bloomberg)—JD.com Inc., ranked No. 4 in the Internet Retailer Online Marketplaces, posted fourth-quarter revenue ahead of estimates, as Singles’ Day promotions helped the Google-backed online retailer fend off competition despite a decelerating Chinese economy. Sales for the three months ending December hit 134.8 billion yuan ($20.2 billion), surpassing the average projection of analysts. The Beijing-based company […]
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