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China's leading e-commerce retailer reported quarterly revenue that surpassed market expectations, driven by a 16% growth fueled by consumer stimulus measures. Despite ongoing tensions with the United States and the impact of US tariffs, consumer demand remained resilient, particularly for electronics and other high-value items. The company posted a profit beat alongside improved consumer sentiment. In the first quarter, revenue reached $2.42 billion, marking a 46% increase, with 94% of sales coming from international markets. This performance highlights sustained spending in Chinese e-commerce amid broader economic challenges.
China's https://t.co/aeODA9sEcl tops quarterly revenue estimates as consumer demand holds up https://t.co/cP9iyyTozj https://t.co/cP9iyyTozj
Chinese e-commerce retailer https://t.co/LOi8NHnjTY topped market estimates for quarterly revenue, in a sign of steady demand even as US tariffs and prolonged economic weakness weighed on consumer sentiment. More here https://t.co/OYfeuzmbsZ https://t.co/WyqjY9ldR7
Chinese e-commerce retailer https://t.co/Pf1ys8d0tw topped market estimates for quarterly revenue, in a sign of steady demand even as US tariffs and prolonged economic weakness weighed on consumer sentiment https://t.co/D14XqGpVBo https://t.co/uVUWPwAtIM
