JD.com Caps Big Week For China E-Commerce Earnings

By | August 15, 2014

Scalper1 News

JD.com capped a string of strong earnings reports this past week from China e-commerce companies — a red-hot market about to erupt with the coming IPO of Alibaba Group. JD.com (JD) broke even in Q2 excluding various items, beating analyst forecasts for a per-share loss of 2 cents. Revenue rose 64% in local currency to $4.6 billion vs. a year earlier, exceeding views. Active customers on the site rose 94% to 38.1 million. JD.com, Scalper1 News

Scalper1 News