China's JD.com reports Q1 revenue above estimates
1:02
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China's JD.com reports Q1 revenue above estimates
STORY: JD.com revenue beat market forecasts in the first-quarter.\nNet profit rose 3.4% to $1.23 billion and revenue was up 7% in January-March.\nJD.com and rival Alibaba have lowered prices to keep market share in the world's second largest economy.\nThursday's update showed price cuts and discount coupons helped boost sales for the Chinese ...
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