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JD.com Inc.’s quarterly revenue rose 5.1 percent, a moderate expansion that suggests Chinese consumers are only cautiously spending again as Beijing tries to revitalise the economy.
Sales rose to 260.4 billion yuan ($36 billion) for the three months ended September, barely surpassing the average estimate for 259.7 billion yuan. Net income jumped 48 percent to 11.7 billion yuan. Its shares rose about 2 percent in pre-market trading in New York.
The moderate expansion in revenue, coming off a…
