JD.com smashed analyst estimates during its last quarter as its self-run logistics operations powered through the pandemic.
In its first quarter since launching its $4 billion secondary listing on the Hong Kong Stock Exchange in June, JD.com saw net revenue jump 33.8 per cent to $29 billion.
This blitzed average analyst estimates of $27.95 billion, sending shares on the New York Stock Exchange jumping 3.5 per cent yesterday.
