AFM Holding Limited Group, led by its Founder and Chairman Maqsood Mohommad, marked 2025 as …
Read More »JD.com’s revenue jumps, defying China lockdown
Bloomberg JD.com logged better-than-expected 18% revenue growth, after China’s second-largest e-commerce operator grew market share to cushion the blow from Covid lockdowns across the country’s biggest cities. Sales climbed to 239.7 billion yuan ($35.6 billion) in January-March, beating the 236.7 billion yuan average of analyst forecasts. It reported a net loss of 3 billion yuan. JD’s stock surged more …
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