Aug 17, 2018 08:20 PM
BUSINESS & TECH
Chart: Alibaba Rival JD.com Sees Quarterly Loss Widen
Chinese e-commerce company JD.com Inc. reported its second quarter loss widened more than four-fold to $334 million, while revenue grew 31.2% to $18.5 billion.
Shares of Nasdaq-listed JD.com declined 1.21% on Thursday following the release of the financial report. JD.com is a major rival of Alibaba Group Holding Ltd., which will report its own second quarter results on Aug. 23.
The following is an updated table of Chinese company earnings from April to June, starting with the most recent to report.
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