JD.Com Inc (NASDAQ:JD) shares are trading higher by 2.25% to $34.57 Tuesday morning. The stock is rising in sympathy with peer Chinese e-commerce player PDD Holdings after the company reported upbeat second-quarter results.
What Happened?
PDD Holdings reported second-quarter FY23 revenue growth of 66% year-on-year to $7.21 billion, beating the consensus of $6.07 billion.
See Also: China Takes Drastic Measures To Shield Economy From Real Estate Storm
According to data from Benzinga Pro, JD.Com has a 52-week high of $67.10 and a 52-week low of $31.56.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
Posted In:
