💨 Abstract

Chinese e-commerce giant JD.com experienced its strongest revenue growth in 11 quarters, surpassing market expectations due to discounts and government subsidies boosting sales. JD.com, a major home appliance retailer in China, expects a rebound in demand and improved customer experience this year. The company's net income increased significantly, and it plans to expand into food delivery.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖