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BBCNEWS Asia July 4, 2024

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
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BBCNEWS Asia Business Report June 4, 2024 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. ....

Borrowing Costs , Beat Analysts , Jd Com , 0 Billion , 40 Billion , Mckinsey And Company , E Commerce Giant , Focus On Lower , It Product Range , Learning Results , 20 Billion ,

BBCNEWS Asia Business Report June 4, 2024 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 ....

Profit Margins , Borrowing Costs , E Commerce Giant , Jd Com , Focus On Lower , 0 Billion , 40 Billion , Mckinsey And Company , Learning Results , It Product Range ,