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JD.com Shares Drop Following Lower-Than-Expected Profits

The company's US-listed stock was down almost 7 percent in pre-market trading.
JD.com packages.
JD.com packages. (Shutterstock)
By
  • Reuters

BEIJING, China — JD.com Inc, China's second largest e-commerce firm, saw its stock drop on lower-than-expected quarterly profits on Friday, as the company's margins were squeezed by competition during its top earnings season.

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