JD.com Delivers Earnings Beat, Yet Stock Drops in Premarket
JD.com reported Q2 revenue of RMB 346.4 billion and non-GAAP net income of RMB 8.9 billion (about $1.3 billion), beating estimates and aided by an extended midyear shopping event, but its ADR fell around 2.5% in premarket trading as investors reacted to the results.