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Transcripts For BBCNEWS Asia 20240704

All of that bodes well for walmart which is forecast to report a 4 rise in sales. Results from the Worlds Largest retailer should also offer a glimpse into demand for back to school items. Traders are hoping that, despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail, jd. Com beat analysts forecast for Second Quarter revenue which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform and its users shopped more frequently as It Product Range expanded. It was a different story however for tencent where Earning Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weaker than expected growth. Domestic Gaming Revenue was little changed, a sign that the economic slowdown in

Transcripts For BBCNEWS Asia 20240704

Higher Profit Margins than expected as offered fewer discounts. All that bodes well for walmart which is due to report a 4 rise in sales. Results from the Worlds Largest retailer should also a glimpse into demand for back to school items. Traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail jd. Com Beat Analyst Forecasts for Second Quarter revenue, which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its Product Range expanded. It was a different story over at tencent where Earnings Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weake

Transcripts for BBCNEWS Asia Business Report 20240604 01:31:00

all of that bodes well for walmart which is forecast to report a 4% rise in sales. results from the world s largest retailer should also offer a glimpse into demand for back to school items. traders are hoping that, despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. staying with retail, jd.com beat analysts forecast for second quarter revenue which rose more than 7% to nearly $40 billion. the chinese e commerce giant s focus on lower priced products paid off in the fight for customers amid an economic slowdown. the company said it attracted more vendors to its platform and its users shopped more frequently as it product range expanded. it was a different story however for tencent where earning results came in below estimates in the second quarter. revenue grew 11% to just over $20 billion.

Transcripts for BBCNEWS Asia Business Report 20240604 00:31:00

wanted higher profit margins than analysts had selected as it offered fewer discounts. all that bodes well for walmart which is forecast to report a 4% rise in sales. results from the world s largest retailer should also offer a glimpse into demand for back to school items. traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. staying with retail, jd.com did analysts forecast for a second quarter revenue which rose more than $40 billion. the chinese e commerce giant s focus on lower priced products bought off in the fight for customers in an economic slowdown. the company said it attracted more benders to its platform and users shop more frequently as it product range expanded. it was a different story for tencent where earning results

Transcripts for BBCNEWS Asia Business Report 20240604 23:31:00

higher profit margins than expected as offered fewer discounts. all that bodes well for walmart which is due to report a 4% rise in sales. results from the world s largest retailer should also a glimpse into demand for back to school items. traders are hoping that despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. staying with retail jd.com beat analyst forecasts for second quarter revenue, which rose more than 7% to nearly $40 billion. the chinese e commerce giant s focus on lower priced products paid off in the fight for customers amid an economic slowdown. the company said it attracted more vendors to its platform, helped by lower thresholds and costs for them to join, and that users shopped more frequently as its product range expanded. it was a different story over at tencent where earnings results came in below estimates in the second quarter. revenue grew 11% to just over $20 billion. tencent s core gaming

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