JD.com's third-quarter profits rise as supply troubles ease

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JD.com (JD) rises after earnings beat

November 15, 2023 6:31 AM EST

JD.com (NASDAQ: JD) reported Q3 revenue that trailed analyst estimates, but shares still rose on the bigger-than-expected profit.

Earnings per share of RMB6.70 easily topped the analyst estimate of RMB5.90. However, the quarterly revenue of RMB247.7 billion ($34.2 billion) was slightly below the... More