TechnologyJD.com beats market expectations as COVID-19 boom persists Reuters 3 minute read China's JD.com Inc's first-quarter revenue beat Wall Street estimates on Wednesday, as growth remained robust in the domestic e-commerce sector following the COVID-19 pandemic. The Beijing-based company has joined rivals Pinduoduo (PDD.O) and Alibaba Group in racking up double-digit sales growth during the pandemic, as people flocked to e-commerce websites to shop for everything from groceries to luxury goods. Net revenue at JD.com, China's largest e-commerce company by revenue, rose 39% to 203.2 billion yuan ($31.57 billion) in the quarter ended March 31, topping analysts' average estimate of 191.83 billion yuan, according to IBES data from Refinitiv.