Strong Quarterly Results Belie Pressure On JD.Com’s Big-Ticket Sales (JD)

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Michael Vi

E-commerce giant JD.Com Inc. (NASDAQ:JD; 9618.HK) announced its second-quarter results on Aug. 16, including a 7.6% year-on-year rise in revenue to 287.9 billion yuan ($39.5 billion), and a 31.9% jump in adjusted profit to 8.6 billion yuan, both exceeding market expectations.

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