Technology | Internet Information Providers | China
JD.com Beats Q4 Sales Forecast as Online Accounts Top 305 Million
JD.com posts a fourth-quarter but tops sales forecasts as customer accounts on the China-focused online retailer backed by Walmart and Alphabet rise past 300 million.
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JD.com said its loss for the three months ending in December was pegged at 48 cents per U.S.-listed share, while diluted net income hit 7 cents per share. Group revenues, JD.com said, came in at 134.8 billion yuan $20.17 billion), a 22.4% increase from last year that topped the consensus estimate of 118 billion yuan.
JD.com said it sees first quarter revenues in the region of 118 billion yuan to 122 billion yuan, thanks in part to a 4.4% increase in overall customer accounts that lifted the 2018 total to 305.3 million.
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https://www.thestreet.com/investing/earn...yptr=yahoo
JD.com Beats Q4 Sales Forecast as Online Accounts Top 305 Million
JD.com posts a fourth-quarter but tops sales forecasts as customer accounts on the China-focused online retailer backed by Walmart and Alphabet rise past 300 million.
...
JD.com said its loss for the three months ending in December was pegged at 48 cents per U.S.-listed share, while diluted net income hit 7 cents per share. Group revenues, JD.com said, came in at 134.8 billion yuan $20.17 billion), a 22.4% increase from last year that topped the consensus estimate of 118 billion yuan.
JD.com said it sees first quarter revenues in the region of 118 billion yuan to 122 billion yuan, thanks in part to a 4.4% increase in overall customer accounts that lifted the 2018 total to 305.3 million.
...
https://www.thestreet.com/investing/earn...yptr=yahoo