in

China’s $89 billion e-commerce giant JD.com posts slowest quarterly growth on record

China's $89 billion e-commerce giant JD.com posts slowest quarterly growth on record

Chinese technology companies including JD.com are facing headwinds from China’s Covid lockdowns and subsequent economic impact as well as the country’s tighter regulatory environment for technology businesses.

Qilai Shen | Bloomberg | Getty Images

JD.com beat top and bottom line expectations in the second quarter, but posted its slowest year-on-year revenue growth on record, becoming the latest victim of a Covid-induced economic slowdown in…


Posted by Editor

Leave a Reply

The hands that held on to Rahul Ahirwar: A donor and his doctor

The hands that held on to Rahul Ahirwar: A donor and his doctor

Morata, Ansu and Moreno can lead Spain to big things at the World Cup

Morata, Ansu and Moreno can lead Spain to big things at the World Cup