China-based e-commerce and retail company JD.com reported its first quarterly revenue decline since its 2014 initial public offering. The company, which owns Joybuy, saw its second-quarter revenue fall 2.9 percent year-on-year to approximately £38 billion. Although revenue came in above analysts’ expectations, the company’s Hong Kong-listed shares fell by more than 10 percent following the … Continue reading A First for JD.com in More Than a Decade: Revenue Declines, Shares Tumble