A JD.com company sign seen at the Appliance and Electronics World Expo in Shanghai on March 23, 2021.  Photo: Reuters
JD.com takes heavy losses as Covid-19 lockdowns disrupt e-commerce
  • JD.com reported a US$444 million loss in the three months ended March, which does not account for the Shanghai lockdown that started the following month
  • Sales increased 18 per cent for the period, but it marked the e-commerce giant’s slowest growth since going public in 2014
18 May 2022 - 5:00PM