JD's growth slows down in a weak market

JD's growth slows down in a weak market

JD.com posted its lowest year on year revenue growth in Q2 but still beat top and bottom line expectations, reflecting a weak market.

Revenue in Q2 grew 5.4 percent year on year to 268 billion yuan (US$39 billion). While growth slowed, the e-commerce retailer's net profit in Q2 reached 3.8 billion yuan, a huge leap from 300 million yuan last year.

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