Insight Report 3 minutes PremiumJD.com (JD) 4Q16 Results: Revenue Beats Consensus on Strong GMV Growth; JD Finance Spins-Off Coresight Research March 3, 2017 Executive Summary JD.com reported 4Q16 revenues of ¥80.25 billion, up 47% year over year, and beating the consensus estimate of ¥76.70 billion. Net loss per ADS was ¥1.26, compared to a net loss of ¥5.57 for 4Q15. Total GMV reached ¥206.2 billion in 4Q16, an increase of 50.5% year over year. General merchandise contributed 52% of total GMV, up from 49% in the year-ago period. JD.com will dispose of and no longer hold legal ownership of JD Finance. JD.com will receive approximately ¥14.3 billion in cash and profit-sharing rights for 40% of JD Finance’s pretax income. 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: Retail-Tech Landscape: Retail AnalyticsAnalyst Corner—Drugstore Closures Leave US Consumers High and Dry in Pharmacy Deserts: Navigating the Fallout with Aditya KaushikWeekly US and UK Store Openings and Closures Tracker 2024, Week 5: Walmart Announces US ExpansionJuly 2023 US Housing Market Indicators: Third Consecutive Month of Strong Sales Growth for New Homes