Insight Report 3 minutes PremiumJD.com (JD) 3Q16 RESULTS: REVENUE BEATS CONSENSUS ON STRONG GMV GROWTH; LOOKS AT JD FINANCE SPIN-OFF Coresight Research November 17, 2016 Executive Summary JD.com reported 3Q16 revenues of ¥60.7 billion, which was slightly ahead of consensus estimates and a year-over-year increase of 38%. Net loss per ADS of ¥0.64 was ahead of consensus estimates for a net loss of ¥0.86. Total GMV reached ¥158.8 billion (US$23.8 billion) in 3Q16, an increase of 43% year over year. General merchandise contributed over half of total GMV, up from 46% in the year-ago period. The Board has approved a reorganization of JD Finance, including a possible spin-off, which would allow the online finance unit to expand its financial service operations in China. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Consumer Financial Health Stays Strong: US Consumer Survey Insights 2023, Week 38Signs of a Holiday Spending Ramp-Up Emerge: US Consumer Survey Insights 2023, Week 45More Active Consumers Proliferate Ahead of Memorial Day: US Consumer Tracker 2023, Week 22Powering the Retail Revolution with AI