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A preview of jd.com's Q3 financial report is coming soon! Can the combination of the November 11 shopping festival and the 'trade-in for new' program help continue the upward trend of stock prices?
Starting this week, a new round of financial reporting season for Chinese concept stocks officially begins, with Chinese technology giants taking the lead, and their latest performance will be the first to be tested by the market. On November 14th (Thursday), jd.com will announce its 2024 third-quarter financial report before the pre-market trading.
The longest november 11 shopping festival-related has ended, with the platform's coupon service. Tmall achieved over 589 brands breaking the billion mark, while jd.com's brand transaction volume exceeded 0.017 million, a more than fivefold increase.
This year's november 11 shopping festival-related started 10 days earlier overall, with platforms offering competitive prices and services, good value for money. Tmall's transaction volume exceeded 100 million yuan, a year-on-year increase of 46.5%, setting a new historical record, while jd.com saw transaction volumes from over 30,000 small and medium-sized merchants more than doubling year-on-year. With government subsidies, home appliance consumption took the spotlight on this year's november 11 shopping festival, followed closely by mobile phones, digital products, and outfits. Jd.com reported a 200% year-on-year increase in transaction volumes for 519 home appliance and home furnishing product categories, while Xiaomi announced a total accumulated payment amount breaking 31.9 billion yuan through all channels, setting a new record for Xiaomi's annual major promotions. Over 100 live streaming rooms on Taobao surpassed 100 million yuan in transactions, reaching a historic high; jd.com's live broadcast order
According to reports, jd.com (09618.HK) will launch its own instant delivery business in the near future.
"Shixiang" cited news reports that jd.com (09618.HK) will launch its own instant delivery business in the near future, and has started inviting merchants to sign up. It is reported that unlike the POP model of jd.com's instant delivery that just upgraded in May, the self-operated instant delivery mainly selects high-quality cooperative merchants from existing hourly purchase merchants to achieve the self-operation of jd.com's instant retail. Throughout the entire ordering process, participating merchants only need to provide packaged goods. Marketing activities, customer service after-sales, and performance services will all be led and completed by jd.com platform. In order to attract high-quality cooperative merchants, jd.com will offer three gold, the first page's instant delivery zone, instant delivery channel, and jd.com supermarket.
A glimpse ahead: The Chinese concept stock financial report season has begun! Tencent and Alibaba are the first to release their reports. Who is expected to sound the horn of a new round of "counterattack"?
Starting next week, a new round of financial reporting season for Chinese network technology stocks will officially begin. Star companies such as Tencent, alibaba, and Meituan will release their financial reports one after another. The capital markets once again focus on Chinese concept stocks, can this financial reporting season bring surprises to the market?
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