12/5 update: JD.COM released first quarter 2023 Highlights
Net revenues for the first quarter of 2023 were RMB243.0 billion (US$135.4 billion), an increase of 1.4% from the first quarter of 2022. Income from operations for the first quarter of 2023 was RMB6.4 billion (US$0.9 billion), compared to RMB2.4 billion for the same period last year.
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JD.COM is at a price level where we expect buying interest to build.
