China Internet JD.com Q1 Shows Growth, Expansion

By | May 8, 2015

Scalper1 News

JD.com (JD) reported first-quarter earnings early Friday that showed rapid customer growth, and the major Chinese Internet retailer also announced a $350 million investment in online travel company Tuniu (TOUR). JD reported revenue of $5.9 billion, up 62% in local currency from the year-earlier period and above the consensus estimate of $5.74 billion. It has posted double- or triple-digit revenue growth every quarter for more than four years. The Scalper1 News

Scalper1 News