China's JD.com beats revenue estimates on lockdown boost

China's JD.com beats revenue estimates on lockdown boost

FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 16, 2014. REUTERS/Jason Lee/File Photo Photo by Reuters

China’s JD.com Inc beat analysts’ estimates for quarterly revenue and profit on Friday, as stay-at-home customers turned to its online platform for daily groceries and shopping needs, sending its U.S.-listed shares up 3% before the bell.