JD.com Profit Beats Estimates Amid Cooling Food Delivery Competition
Earnings·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
JD.com Inc. reported better-than-expected quarterly profit as its food delivery battle with Alibaba Group Holding Ltd. and Meituan cooled down amid regulatory curbs.
The company's performance comes as the competitive landscape in food delivery stabilizes, allowing JD.com to capitalize on its operational strengths.
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“JD.com Inc. reported better-than-expected quarterly profit as its food delivery battle with Alibaba Group Holding Ltd. and Meituan cooled down amid regulatory curbs.”
Bloomberg — JD.com Profit Beats Estimates After Food Delivery Fight Calms