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Actionable news in JD: JD.COM INC, Posts Stronger Results as It Readies to Partner With Wal-Mart

Chinese e-commerce company Inc. narrowed its loss for the second quarter, helped by improved margins, as adjusted profit topped Wall Street's expectations. shares, which had fallen 31% so far this year as of Tuesday's close, jumped 7.1% premarket to $23.95.

The earnings report comes after in June struck a deal with Wal-Mart Stores Inc. to expand its e-commerce business in China. Wal-Mart said it would sell its Yihaodian website to, which is China's second-largest online retailer after Alibaba Group Holding Ltd., instead of continuing to try to enter the market by...