JD.com posts record profit of $1.1B in Q1 on $18B revenue, up 20.9% YoY, says it now has 310.5M active user accounts, up from 305.3M in the previous quarter (Alex Fang/Nikkei)

Alex Fang / Nikkei:
JD.com posts record profit of $1.1B in Q1 on $18B revenue, up 20.9% YoY, says it now has 310.5M active user accounts, up from 305.3M in the previous quarter  —  Chinese e-commerce group renews alliance with Tencent to compete with Alibaba  —  NEW YORK — Despite scandals related to its chief executive …

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