JD.com reports Q2 revenue up 22% YoY to $49.7B, above $46.8B est., and net income down 50% YoY to ~$846M, benefiting from government-directed consumer subsidies (Bloomberg)
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Summary
— BINANCE — When Yi He was a girl in the 1980s, she walked to the well for water and relied on kerosene lamps at times to light the house.