This Growth Stock Is Slowing Down. Buy, Sell, or Hold Now?

JD.com (NASDAQ: JD), a leading e-commerce company in China, had a great year in 2021. Revenue grew 28% to a record high, and annual active customers reached a new high of 570 million. 

But when JD announced its second-quarter 2022 results on Aug. 23, investors saw a substantial decline in revenue growth to just 5%. Those who expected JD to sustain its high double-digit growth rate were disappointed.

Still, investors should dig further into the earnings result to get a complete picture. Here are a few important things to know about JD's recent performance.

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Source Fool.com