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China's JD.com beats quarterly revenue estimates

BY Reuters | ECONOMIC | 05/13/25 05:03 AM EDT

May 13 (Reuters) - China's JD.com (JD) topped market estimates for quarterly revenue on Tuesday, in a sign the e-commerce giant saw steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment.

The company reported total revenue of 301.08 billion yuan ($41.82 billion) for the quarter ended March 31, up 15.8% from a year earlier. Analysts' estimate was 289.22 billion yuan, according to data compiled by LSEG.

(Reporting by Deborah Sophia in Bengaluru; Editing by Krishna Chandra Eluri)

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