Alibaba vs. JD.com: who’s winning so far in 2022?

Date : 06 June 2022

Louis Lau

Retail Analyst

JD.com achieved double-digit revenue growth, while Alibaba maintained a significantly stronger operating margin. Performance highlights Revenue Alibaba’s Q4 results (three months ending 31st March 2022) reported revenue of RMB 204bn (US$ 32.2bn), up 9.0% year-over-year, but down…
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