U.S. Stock Market News | Strong Second Quarter Financial Report Boosts JD.com by Over 6%

Zhitong
2024.08.15 14:25
portai
I'm PortAI, I can summarize articles.

On Thursday, JD.com's stock price rose, with the stock up over 6% to $27.55 as of the time of writing. In the second quarter, JD.com's revenue reached 291.4 billion yuan (about $40.1 billion), with first-half revenue reaching 551.4 billion yuan (about $75.9 billion), continuing to grow. In the second quarter, logistics and other services revenue reached 34.1 billion yuan, a year-on-year increase of 7.9%. As of the second quarter, JD Logistics' operating profit under non-US GAAP has been profitable for 5 consecutive quarters, with the second quarter's operating profit margin under non-US GAAP reaching a new high since JD Logistics went public

According to Zhitong Finance APP, on Thursday, the stock price of JD.com (JD.US) rose, with the stock up over 6% to $27.55 at the time of publication. In the second quarter, JD.com Group's revenue reached 291.4 billion yuan (about $40.1 billion), with first-half revenue reaching 551.4 billion yuan (about $75.9 billion), maintaining growth. In the second quarter, logistics and other service revenue reached 34.1 billion yuan, a year-on-year increase of 7.9%. As of the second quarter, JD Logistics' operating profit under non-US GAAP has been profitable for 5 consecutive quarters, and the operating profit margin in the second quarter under non-US GAAP has reached a new high since JD Logistics went public