JD.com shares fall 1.55% premarket after reporting a 51% drop in quarterly profit.

JD.Com, Inc. fell 1.55% in premarket trading. The decline is likely due to the company's recent earnings report, which showed a 51% drop in quarterly profit as it continues to invest heavily in the competitive food-delivery market, challenging established players like Meituan and Alibaba Group. Despite revenue growth of 22%, the significant decrease in profit has likely weighed on investor sentiment.