China’s Covid Fallout Flattens JD.com’s Online Birthday Bash
SINGAPORE—Chinese online shopping giant JD.com Inc.’s JD 5.19% midyear e-commerce extravaganza recorded the slowest sales growth in at least five years, in the latest gauge of the hit to consumer appetite from stringent restrictions under the country’s zero-Covid policy. JD.com said Monday that turnover on its platforms during this year’s June 18 shopping festival, known … Read more