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JD.com revenue climbs 29% as Chinese shoppers move online

(Bloomberg)—JD.com Inc.’s revenue climbed a better-than-expected 29% after shoppers who shifted online during the pandemic continued to drive a modest recovery in Chinese consumer spending. Beijing-based JD.com’s sales reached 174.21 billion yuan ($26.5 billion) during the July-September quarter, versus the 170.5 billion yuan average of analysts’ estimates. Its net income surged to 7.6 billion yuan, […]

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