A JD.com sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, in December last year. China’s second largest e-commerce company saw its US-listed shares drop after reporting lower-than-expected quarterly profit on Friday. Photo: Reuters
Online retailer JD.com’s shares fall on quarterly profit miss
China’s saturated urban e-commerce market continues to create intense competitive pressure between JD.com and Alibaba
A JD.com sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, in December last year. China’s second largest e-commerce company saw its US-listed shares drop after reporting lower-than-expected quarterly profit on Friday. Photo: Reuters
