JD.com reports Q2 net revenue up 1.2% YoY to ~$40.7B, vs. ~$40.9B est., and a ~$1.7B net income, boosted by aggressive price cuts and the 618 shopping event (Harshita Mary Varghese/Reuters)

3 months ago 10

Harshita Mary Varghese / Reuters:
JD.com reports Q2 net revenue up 1.2% YoY to ~$40.7B, vs. ~$40.9B est., and a ~$1.7B net income, boosted by aggressive price cuts and the 618 shopping event — Chinese e-commerce giant JD.com (9618.HK) beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival …

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