China’s JD.com misses quarterly revenue estimates

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices add to gains as Middle East war escalates; supply fears mount Futures lower, oil rises amid Iran conflict - what’s moving markets Dollar resumes its advance as Middle East conflict drags on Iran conflict latest: Hegseth says Iran conflict has "only just begun" (South Africa Philippines Nigeria) China’s JD.com misses quarterly revenue estimates By Stock Markets Published 03/05/2026, 05:09 AM Updated 03/05/2026, 05:18 AM China’s JD.com misses quarterly revenue estimates 0 JD -0.94% BABA -1.71% PDD 0.48% March 5 - China’s JD.com missed market estimates for quarterly revenue on Thursday, in a sign that stiff competition and waning benefits from government subsidies were eating into demand at the e-commerce giant. Consumer demand in China has taken a hit in the past several years, with a lingering property sector crisis, concerns over employment and geopolitical tensions hammering growth in the world’s second-largest economy. That has hurt retailers like JD.com, which is the largest seller of home appliances in China, as shoppers cut back on discretionary purchases. While JD.com has benefited over a few quarters from government subsidy measures, the incremental benefit is tapering off as year-over-year comparisons become tougher. JD.com is also facing mounting competition, with e-commerce rivals such as Alibaba and PDD Holdings ramping up discounts on their China-focused platforms. The company reported revenue of 352.3 billion yuan ($51.12 billion) in the fourth quarter ended December, compared with analysts’ average estimate of 353.86 billion yuan, according to data compiled by LSEG. Net loss attributable to JD.com’s ordinary shareholders was 2.7 billion yuan for the quarter, compared with a profit of 9.9 billion yuan a year earlier. U.S.-listed shares of the company were up marginally in premarket trading. ($1 = 6.8918 Chinese yuan renminbi)