JD.com sales during China shopping festival beat expectations

JD.com sales during China shopping festival beat expectations

People wait for bus near a billboard of JD.com advertisement for the "618" shopping festival, in Beijing, China June 12, 2023. REUTERS/Tingshu Wang/File Photo

Sales on JD.com’s e-commerce site during China’s mid-year shopping festival – the first major shopping event since the country’s reopening – grew more than expected, according to brokerages’ estimates based on data they have received.

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