US shares of JD.com fall after Q2 revenue decline
13/08/2026 14:44
BUZZ-US shares of JD.com fall after Q2 revenue decline Updates
** U.S.-listed shares of JD.com JD.O down 3.9% at $30.42
** JD says its Q2 revenue decreased by 2.9% to 346.4 billion yuan ($51.37 billion), beating analysts' average estimate of 344.6 billion yuan, according to data compiled by LSEG
** "Despite near-term revenue headwinds, we achieved strong bottom-line growth, marking a clear inflection in our profit trajectory" — CEO Sandy Xu
** Up to last close, stock up ~10% this year
($1 = 6.7427 Chinese yuan renminbi)
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
Recent news on JD.com
See all newsJD.com set to win EU approval for Ceconomy deal, source says
China's 'Lipstick King' confronts slower growth, AI disruption in livestream shopping
Chinese 'robot brain' startup sees ChatGPT-style breakthrough as soon as next year (updated)
Founder of Chinese startup Spirit AI says robot brains set for 2027 breakthrough
JD.com's Ceconomy concessions face criticism from rivals, sources say