JD.com Reports 5.1% Revenue Growth, 48% Profit Jump in Q3; Signals Cautious Chinese Consumer Spending Revival

JD’s Revenue Growth Quickens in Positive China Economy Signal

JD.com Inc.’s quarterly revenue rose 5.1%, suggesting Chinese consumers are cautiously spending again as Beijing tries to revitalize the economy.Sales for the three months ended September roseBloomberg Terminal to 260.4 billion yuan ($36 billion), versus an average estimate for 259.7 billion yuan. Net income jumped 48% to 11.7 billion yuan....