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JD.com reports Q2 revenue up 22% YoY to ~$49.7B, vs. ~$46.8B est., and net income down 51% YoY to ~$846M, benefiting from government-directed consumer subsidies (Bloomberg) from Techmeme RSS feed.
JD.com reports Q2 revenue up 22% YoY to ~$49.7B, vs. ~$46.8B est., and net income down 51% YoY to ~$846M, benefiting from government-directed consumer subsidies (Bloomberg)
Bloomberg:
JD.com reports Q2 revenue up 22% YoY to ~$49.7B, vs. ~$46.8B est., and net income down 51% YoY to ~$846M, benefiting from government-directed consumer subsidies — JD.com Inc.'s revenue grew a faster-than-anticipated 22%, benefiting from government-directed consumer subsidies as well as an aggressive …