Chinese e-commerce firm JD.com quarterly revenue rises 31 per cent on online retail strength

Source: South China Morning PostChinese e-commerce company JD.com reported a 31 per cent jump in fourth-quarter revenue on Thursday, as more shoppers flocked to its platform on the back of a broader shift to online shopping triggered by the Covid-19 pandemic.While China has largely emerged from coronavirus lockdowns with most businesses resuming production, JD.com’s domestic consumers continue to shop online for everything from daily groceries to luxury products.The Beijing-based company’s revenue rose to 224.3 billion yuan …Read More

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