E-commerce platform JD.com reported a second quarter revenue rise of 61% to RMB45.9 billion (US$7.4 billion), Reuters reported. But the firm says it expects its growth rate to slow in the third quarter to between 49-54% as the distant rival to Alibaba Group invests heavily in offline operations to compliment its online platform. Indeed, the company made a net loss of RMB510.4 million, down from RMB583 million the previous year, despite a leap in revenue spurred by the 72% growth in annual active customer accounts, which totaled 118 million as of the end of June.
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