JD.com Shares Fall 7% After Reporting First Revenue Drop in Ten Years Despite Exceeding Profit Expectations
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6 Articles
For the first time, JD.com has seen its revenue decline. The Chinese online retailer posted revenue of 346.4 billion renminbi (approximately 44.4…) last quarter.
JD.com reports first revenue decline in ten years - RetailDetail EU
Chinese retail giant JD.com, which is preparing to acquire MediaMarkt in Europe, is facing its first quarterly decline in revenue in more than a decade. Nevertheless, the company expects sales of home appliances to pick up again in the second half of the year.
JD.com Shares Fall 7% After Reporting First Revenue Drop in Ten Years Despite Exceeding Profit Expectations
NEW YORK, August 14, 2026, 10:11 EDT — U.S. cash markets remained open. Shares of JD.com, Inc. (NASDAQ:JD) dropped roughly 7% on Friday, as investors set aside a stronger-than-expected profit and concentrated on the Chinese e-commerce company's first quarterly revenue drop in over ten years. The stock listed in Hong Kong slid more than 10%…
JD .com has recorded its first quarterly drop in revenues since its release on the stock market in 2014, in a new sign of the weakening of consumption in China.The company's revenues fell by 2.9%, to 346,400 million yuan (51.4 billion dollars), in the second quarter.The figure slightly exceeded analysts' forecasts.The net profit, on the other hand, increased by 15%, to 7,100 million yuan, above expectations, after the e-commerce giant reduced it…
JD.com Posts First-Ever Revenue Decline Despite Profit Beat
JD.com shares slipped roughly 2% on Thursday even after the Chinese e-commerce giant beat earnings estimates, a reaction that tells you everything about how nervous investors remain on Chinese consumer stocks. JD.com posted adjusted earnings of 6.29 yuan per ADS, ahead of the 5.61 yuan consensus, on revenue of 346.4 billion yuan — topping the 342.33 billion yuan analysts expected. But that revenue figure still marked a 2.9% year-over-year declin…
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