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Behind JD.com's Q3 profit pressure: Food delivery is burning cash, core electronics and home appliances business slowing down, AI-driven advertising emerges as a growth highlight

Behind JD.com's Q3 profit pressure: Food delivery is burning cash, core electronics and home appliances business slowing down, AI-driven advertising emerges as a growth highlight

JD.com Group delivered a mixed earnings report in the third quarter. Although both revenue and adjusted net profit beat market expectations, its core profitability is under significant pressure, mainly due to massive investments in new businesses such as food delivery eroding operating profits. Meanwhile, growth in its traditional electronics
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The Japanese cabinet strongly supports easing, officials' verbal interventions have failed, and the battle to defend the yen is caught in a dilemma.

The Japanese cabinet strongly supports easing, officials' verbal interventions have failed, and the battle to defend the yen is caught in a dilemma.

``` The latest efforts by Japanese authorities to curb the depreciation of the yen are facing difficulties. Unlike previous governments that prioritized stable exchange rates, the new cabinet led by Prime Minister Sanae Takaichi is signaling tolerance and even welcoming a weaker yen, which has undermined the Ministry of Finance’s
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