JD.com, China’s second-largest e-commerce platform, has reportedly seen a surge in sales during the country’s economic stimulus efforts. The company’s shares have also risen by over 30% since the beginning of the year. The Chinese government’s initiatives to boost consumer spending and support businesses have led to increased demand for online shopping. JD.com’s strong logistics network and focus on fresh produce have been key factors in its success. The company’s revenue for the fourth quarter of 2020 is expected to reach $33.5 billion, up from $31.2 billion in the same period the previous year.
