(Reuters) – Chinese e-commerce firm JD.com beat Wall Street estimates for second-quarter revenue on Wednesday, as its focus on pushing lower-priced products to attract customers amid an economic slowdown paid off.
Revenue grew 7.6% to 287.9 billion yuan ($39.7 billion), compared with analysts’ average estimate of 278.85 billion yuan, according to Refinitiv data.
(Reporting by Yuvraj Malik in Bengaluru; Editing by Vinay Dwivedi)
