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Read More »JD.com posts first profit as Chinese online shopping surges
Bloomberg JD.com Inc. posted its first quarterly profit as a public company with the integration of Wal-Mart Stores Inc.’s Chinese web business and strong consumer spending driving a surge in sales. China’s largest e-commerce company after Alibaba Group Holding Ltd. has benefited from the rise of online shopping in a country with patchy retail infrastructure. JD, which bought Wal-Mart’s ...
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