China's JD.com posts 29% rise in quarterly revenue

Published Mon, Nov 16, 2020 · 11:33 AM

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[BEIJING] Chinese e-commerce company JD.com on Monday posted a 29 per cent jump in third-quarter revenue as online orders for groceries and other essentials stayed strong even after coronavirus-led restrictions were lifted in the world's second-largest economy.

Net revenue rose to 174.21 billion yuan (S$35.6 billion) in the third quarter ended Sept 30 from 134.82 billion yuan last year.

REUTERS

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