Chinese e-commerce giant JD.com misses quarterly revenue estimates-March 2024-www.financetom.com

Chinese e-commerce giant JD.com misses quarterly revenue estimates

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Chinese e-commerce giant JD.com misses quarterly revenue estimates

Aug 15, 2024 3:19 AM

Aug 15 (Reuters) - Chinese e-commerce giant JD.com ( JD )

missed Wall Street estimates for quarterly revenue on

Thursday, hurt by stiff competition and tepid customer spending

amid a sluggish economic recovery.

The company's total revenue rose 1.2% to 291.4 billion yuan

($40.71 billion) in the second quarter, compared with estimates

of 292.89 billion yuan, according to 23 analysts polled by LSEG.

($1 = 7.1585 Chinese yuan renminbi)

Previous page： Celsius to buy energy drink brand Alani Nutrition in $1.8 billion deal Next page： Lpl Financial Holdings Insider Sold Shares Worth $1,308,265, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Celsius to buy energy drink brand Alani Nutrition in $1.8 billion deal

Feb 20, 2025

(Reuters) -Celsius Holdings ( CELH ) said on Thursday it would buy energy drink brand Alani Nutrition in a $1.8 billion deal through a combination of cash and stock. The deal includes a net purchase price of $1.65 billion and $150 million in tax assets. Alani Nutrition, founded in 2018, is a female-focused brand that delivers functional beverages and wellness...

Lpl Financial Holdings Insider Sold Shares Worth $1,308,265, According to a Recent SEC Filing

Feb 20, 2025

04:28 PM EST, 02/20/2025 (MT Newswires) -- Richard Steinmeier, Chief Executive Officer, on February 18, 2025, sold 3,500 shares in Lpl Financial Holdings ( LPLA ) for $1,308,265. Following the Form 4 filing with the SEC, Steinmeier has control over a total of 21,396 common shares of the company, with 21,396 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1397911/000139791125000016/xslF345X05/wk-form4_1740086013.xml ...

VICI Properties Q4 Adjusted FFO, Revenue Increase; Sets 2025 Outlook

Feb 20, 2025

04:27 PM EST, 02/20/2025 (MT Newswires) -- VICI Properties ( VICI ) reported Q4 adjusted funds from operations late Thursday of $0.57 per diluted share, up from $0.55 a year earlier. Analysts polled by FactSet expected $0.57. Revenue for the quarter ended Dec. 31 was $976.1 million, up from $931.9 million a year earlier. Analysts surveyed by FactSet expected $970.5...

Insight Enterprises Insider Sold Shares Worth $300,072, According to a Recent SEC Filing

Feb 20, 2025

04:28 PM EST, 02/20/2025 (MT Newswires) -- Jennifer M Vasin, Chief Human Resources Officer, on February 18, 2025, sold 1,788 shares in Insight Enterprises ( NSIT ) for $300,072. Following the Form 4 filing with the SEC, Vasin has control over a total of 4,459 common shares of the company, with 4,459 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/932696/000095017025024157/xslF345X05/ownership.xml ...