{"id":844783,"date":"2024-08-16T09:36:03","date_gmt":"2024-08-16T04:06:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=844783"},"modified":"2024-08-16T09:38:19","modified_gmt":"2024-08-16T04:08:19","slug":"chinese-ecommerce-giant-jd-com-beats-estimates-for-quarterly-profit","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/16\/chinese-ecommerce-giant-jd-com-beats-estimates-for-quarterly-profit\/","title":{"rendered":"Chinese ecommerce giant JD.com beats estimates for quarterly profit"},"content":{"rendered":"<p>Chinese e-commerce giant JD.com beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consumers to its platform. <\/p>\n<p>US-listed shares of the company rose 2.6% in premarket trading. <\/p>\n<p>Major Chinese vendors like JD.com and Alibaba have increased focus on discounting and lower-priced goods as the world&#8217;s second largest economy sees a pullback from customers that as conscious about spending.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese e-commerce giant JD.com beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consumers to its platform. US-listed shares of the company rose 2.6% in premarket trading. Major Chinese vendors like JD.com and Alibaba have increased focus on discounting and lower-priced goods as the world&#8217;s second largest economy sees a pullback from customers that as conscious about spending.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-844783","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=844783"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844783\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=844783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=844783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=844783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}