JD.com (JD) stock slips 5% despite Q2 earnings beat

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JD.com Announces Second Quarter and Interim 2023 Results

August 16, 2023 6:10 AM EDT

BEIJING, Aug. 16, 2023 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three and six months ended June 30, 2023.

Second Quarter 2023 Highlights

Net revenues for the second quarter of 2023 were RMB287.9 billion (US$139.7 billion), an increase of 7.6% from the second quarter of 2022. Net service revenues for the second quarter of 2023 were RMB54.1 billion (US$7.5 billion), an increase of 30.1% from the second... More