JD.com Beats On Q3 Revenue As Users More Than Double

By | November 17, 2014

Scalper1 News

China Internet retailer JD.com early Monday reported better-than-expected revenue growth in the third quarter, as its active user base more than doubled from the year-earlier period. JD.com (JD) reported revenue of $4.71 billion, up 61% in local currency and above analyst estimates of $4.67 billion. It reported a net loss of $26.8 million, primarily due to the amortization of intangible assets related to its strategic partnership with online Scalper1 News

Scalper1 News