{"id":49094,"date":"2023-08-16T08:41:07","date_gmt":"2023-08-16T12:41:07","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/jd-com-posts-earnings-beat-but-the-stock-cant-shake-the-china-gloom\/"},"modified":"2023-08-16T08:41:10","modified_gmt":"2023-08-16T12:41:10","slug":"jd-com-posts-earnings-beat-but-the-stock-cant-shake-the-china-gloom","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=49094","title":{"rendered":"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000721019\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>\n        JD.com<br \/>\n       smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries over a slowdown in the world\u2019s second-largest economy.<\/p>\n<p>\n        JD.com<br \/>\n       (ticker: JD) reported per-share earnings of 5.39 Chinese yuan (74 cents) on revenue of 287.9 billion yuan ($39.5 billion) in the second quarter. Representing earnings and sales up 33% and 8% year-over-year, respectively, the results firmly outpaced expectations among analysts surveyed by FactSet of per-share profit at 4.95 yuan and revenue at $280 billion yuan.<\/p>\n<div class=\"paywall\">\n<p>\u201cWe reported a solid performance for the second quarter both financially and operationally,\u201d said Sandy Xu, JD.com\u2019s CEO. \u201cWe are also encouraged to see the number of our marketplace merchants more than doubled and reached a new record during the quarter, reflecting our efforts to build a superior marketplace ecosystem.\u201d<\/p>\n<p>The U.S.-listed shares of JD.com fell 5.3% in premarket trading as investors failed to get excited by results that were, on the face of it, very strong, with solid earnings and revenue growth from the first quarter amid a tough operating environment. Weakness in JD.com stock matches the trend across peers, with shares in e-commerce rival<br \/>\n        Alibaba<br \/>\n      (BABA) down 2.1%.<\/p>\n<p>The problem for JD.com\u2014just like Alibaba, which reported results last week\u2014is the macroeconomic environment, and the fact that the company did not include forward guidance in its earnings release (which is typical).<\/p>\n<p>China faces a significant slowdown, with a spate of economic data releases in recent months pointing to a grim decline in consumption, which is a trend that has a direct bearing on companies like JD.com. Investor response to stimulus has been muted. While JD.com\u2019s operating efficiency should be rewarded\u2014expenses are trending toward a smaller percentage of revenue\u2014not even that can buck big-picture trends.<\/p>\n<p>Write to Jack Denton at jack.denton@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/jd-stock-earnings-china-85c63922?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JD.com smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries over a slowdown in the world\u2019s second-largest economy. JD.com (ticker: JD) reported per-share earnings of 5.39 Chinese yuan (74 cents) on revenue of 287.9 billion yuan ($39.5 billion) in the second quarter. Representing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-49094","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"JD.com smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=49094\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom. | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"JD.com smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=49094\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-16T12:41:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-16T12:41:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692189668_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=49094#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=49094\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom.\",\"datePublished\":\"2023-08-16T12:41:07+00:00\",\"dateModified\":\"2023-08-16T12:41:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=49094\"},\"wordCount\":327,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=49094#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=49094\",\"url\":\"https:\/\/ifintechworld.com\/?p=49094\",\"name\":\"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom. | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-16T12:41:07+00:00\",\"dateModified\":\"2023-08-16T12:41:10+00:00\",\"description\":\"JD.com smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=49094#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=49094\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=49094#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom. | iFintechWorld","description":"JD.com smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=49094","og_locale":"en_US","og_type":"article","og_title":"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom. | iFintechWorld","og_description":"JD.com smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries","og_url":"https:\/\/ifintechworld.com\/?p=49094","og_site_name":"iFintechWorld","article_published_time":"2023-08-16T12:41:07+00:00","article_modified_time":"2023-08-16T12:41:10+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692189668_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=49094#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=49094"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom.","datePublished":"2023-08-16T12:41:07+00:00","dateModified":"2023-08-16T12:41:10+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=49094"},"wordCount":327,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=49094#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=49094","url":"https:\/\/ifintechworld.com\/?p=49094","name":"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom. | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-16T12:41:07+00:00","dateModified":"2023-08-16T12:41:10+00:00","description":"JD.com smashed earnings expectations but the e-commerce giant\u2019s stock was tumbling on Wednesday, a reflection of gloom across Chinese markets amid worries","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=49094#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=49094"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=49094#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"JD.com Posts Earnings Beat. But the Stock Can\u2019t Shake the China Gloom."}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/49094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49094"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/49094\/revisions"}],"predecessor-version":[{"id":49096,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/49094\/revisions\/49096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/49095"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}