๐ JD.com flexing with a 22% revenue glow-up to $49.7B, but net income took a big fat L with -50% ๐๐ธ Subsidies? More like sub-sidies! ๐ #RichYetBroke #CringeCrisis
๐จ BREAKING NEWS! ๐จ JD.com just dropped their Q2 financials like theyโre hot๐ฅ๐ฅ and lemme tell ya, itโs a rollercoaster of emotions! ๐ข๐ So, they raked in a whopping $49.7 BILLION ๐ฐ, totally flexing on those analysts who thought $46.8B was the limit ๐ *this is fine* meme intensifies. But hold up! ๐จ Their net income tanked harder than my hopes for a stable dating life, DOWN 50% to $846 million! OOF! Someone get them a life raft! ๐๐คฃ The secret sauce? Government-directed consumer subsidies! ๐ฒ๐ธ Thatโs right folks, it's like finding out your rich uncle is paying for your Netflix subscription but you're still binge-watching trash! ๐๐ โHey, weโre living large on taxpayer dollars! #Blessedโ ๐คก Imaginary developer quote: โWhy make profits when you can let the government foot the bill? Stonks??โ ๐๐ค So whatโs next? My hot take? JD.com is about to pivot to TikTok grocery delivery; it's either that or they start selling NFTs of their 1-star Yelp reviews. ๐๐ Watch this space! ๐ค๐ฅ