JD.com revenue beats estimates on the back of strong Singles’ Day sales

JD.com revenue beats estimates on the back of strong Singles’ Day sales

FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 16, 2014. REUTERS/Jason Lee/File Photo Photo by Reuters

JD.com Inc. posted fourth-quarter revenue ahead of estimates, as Singles’ Day promotions helped the Google-backed online retailer fend off competition despite a decelerating Chinese economy.

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