Tuesday, March 3, 2015

JD.com tops expectations with 73 rise in quarterly revenue

- China's JD.com Inc, Alibaba Group Holding Ltd's biggest e-commerce rival, on Tuesday posted a 73 percent rise in revenue for the three months ended December, topping estimates, as it expanded sales across more consumer goods categories.

Revenue for JD.com's fourth quarter rose to $5.6 billion, versus the $5.3 billion estimate of 13 analysts surveyed by Thomson .


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