JD.com Profit Surges 92% Amid Fierce Price War

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Artur Stańczuk
August 18, 2024
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JD.com’s Q2 profit jumped 92% to $1.7B, driven by efficient operations amid intense price wars. Revenue edged up 1.2% to $40.3B. The trade-in program and 618 sales event also boosted online retail in a sluggish economy.

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