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JD.com reports Q1 revenue up 1% YoY to ~$35B, beating analyst estimates, and a ~$903M net income, compared to a ~$555M net loss in Q1 2022 (Tiyashi Datta/Reuters) 11-05-2023

Tiyashi Datta / Reuters:
JD.com reports Q1 revenue up 1% YoY to ~$35B, beating analyst estimates, and a ~$903M net income, compared to a ~$555M net loss in Q1 2022  —  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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