Tiyashi Datta / Reuters:
JD.com reports Q1 revenue up 1.4% YoY to ~$35B, beating estimates, and ~$906M net profit, compared to a ~$431M net loss in Q1 2022; JD rises 7%+ — China’s e-commerce giant JD.com Inc (9618.HK), said on Thursday its chief executive Xu Lei will step down, with the company’s chief financial officer taking on the role.
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