(Reuters) -Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as a persistent slowdown in the world's second-largest economy pressured consumers to keep a tight hold on their purse strings.

JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.

In August, China's market regulator issued a statement saying Alibaba had completed three years "rectification" following a record $2.75 billion fine levied in 2021 for monopolistic behaviour, drawing a line under the company's regulatory troubles.