JD.com profit increase soared by 92% year-on-year in the quarter ending June 30, reaching 12.6 billion yuan (US$1.7 billion). Despite slight revenue growth, this profit surge was due to enhanced operational efficiencies. These efficiencies helped the company navigate the competitive domestic e-commerce landscape. JD.com’s net revenues for the quarter rose by 1.2% to 291.4 billion yuan...
