The e-commerce giant worth $89 billion is growing slowly

These are JD.com’s Q2 achievements, compared to Refinitiv’s consensus forecasts:
● Revenue: 267.6 billion Chinese yuan ($40 billion) compared to 262.3 billion yuan in the forecast, an increase of 5.4% from last year.
● Net profit attributable to ordinary shareholders: 4.4 billion Chinese yuan compared to an expected profit of 1.36 billion yuan.
● JD stock rose more than 4% in the US.
● JD’s logistics division saw a 20% increase in revenue in the second quarter to 31.2 billion yuan.