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JD.com Sees Active Users Jump 30%, Invests Heavily in Post-Covid Logistics

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

JD.com, one of China’s largest retail, e-commerce and fulfillment players, may already be on its way to putting the worst of the COVID-19 pandemic behind it. With net revenues climbing 33.8 percent to $28.5 billion for the second quarter, adjusted net earnings for the Chinese commerce giant reached 50 cents per American depositary share (ADS)—which…

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