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Sunday, February 16, 2025

Asking Eric: Movement disorder...

Dear Eric: I am a young adult with a movement disorder similar...

Elon Musk takes break...

Elon Musk is taking a break from X having broken his silence after a...

Vikrant Massey, Bhumi Pednekar...

New Delhi: Study to pass in life, not just exams, and identify...
HomeChinaJD shares surge...

JD shares surge after Q4 revenue beats expectations and flood of new users join · TechNode


Shares in the online retailer JD surged nearly 6% on Thursday’s Hong Kong morning trade, after the company announced fourth-quarter revenue figures that surpassed market expectations, growing 3.6% from a year prior to reaching RMB 306.1 billion ($43.1 billion). The figure marked a RMB 5.84 billion increase from the previous quarter and was primarily driven by the growth of “new users from lower-tier markets” during the period, according to CEO Sandy Xu. Chief Financial Officer Ian Shan later expressed confidence in the company’s user growth for 2024 on the firm’s earnings call, adding that cooperation with China’s Spring Festival Gala TV show had helped JD reach a broader use base. JD also announced a share repurchase program of up to $3 billion, covering US depository shares, to be executed over the next 36 months. Net income jumped 13.3% year-on-year to RMB 3.4 billion for the three months to December. [JD]

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Asking Eric: Movement disorder may give strangers the wrong idea

Dear Eric: I am a young adult with a movement disorder similar to Parkinson’s. It causes uncontrollable, violent, jerky, muscle movements, called dyskinesias, in nearly every part of my body. These dyskinesias resemble the effects of illicit substances...

Elon Musk takes break from X after breaking his silence on Ashley St. Clair’s claim she’s given birth to his 13th child – sparking...

Elon Musk is taking a break from X having broken his silence after a MAGA influencer claimed she has given birth to his 13th child. The Tesla and SpaceX CEO, 53, has not denied or confirmed 26-year-old Ashley St. Clair's claim, but...