[BUSINESS]■ STORY TIMELINE

JD.COM Q2 REVENUE DROPS, BUT PROFITS BEAT ESTIMATES

JD.com reported its first quarterly revenue decline since its 2014 listing, with Q2 sales falling 2.9% year-over-year to $51.4 billion. Net income of $1.1 billion exceeded analyst expectations of $964 million.

1 SOURCEFIRST SEEN AUG 13, 11:15 AM► READ THE ARTICLE

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JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., driven by JD Retail profitability and narrowing food losses (Luz Ding/Bloomberg)

Luz Ding / Bloomberg: JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., dr…

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