JD.com pre-market rose more than 1.6%, with the number of merchants who achieved sales exceeding 5 million on Double 11 increasing by over 50%
JD.com's US stocks rose more than 1.6% in pre-market trading to $29. On the news front, recently at the JD 11.11 Merchant Ecological Partner Conference, JD Group CEO Xu Ran stated that the company will invest the greatest amount of resources, starting from the core dimensions of traffic, operations, and services that are most important to merchants, striving to provide merchants with a new experience of "more traffic, faster operations, better services, and lower costs". The goal is to help the number of small and micro merchants with daily sales exceeding ten thousand yuan during JD's 11.11 period to grow more than twice compared to the previous year, while also increasing the number of merchants with sales exceeding 5 million by more than 50% year-on-year