Sino-File

Through the storm

“We believe that the regulatory goals are conducive to JD’s long-term business growth. So far, our business maintains steady growth whilst committing to better compliance policies”

Lei-Xu-w

JD Retail’s CEO Xu Lei discusses the impact of the government crackdown on the internet sector on JD.com’s second quarter results. Revenue still grew 26%, beating analyst estimates, and a record 32 million new online shoppers were added in the period.


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