Company Earnings UpdateJD.com (JD) 2Q17 Results: Topline Beats; Business Partnerships to Drive Growth Coresight Research August 16, 2017 Executive Summary JD.com reported 2Q17 revenues of ¥93.2 billion, up 43.6% year over year, to beat the consensus estimate of ¥89.65 billion. Non-GAAP diluted net loss per ADS was ¥0.20, compared to a net income per ADS of ¥0.09 for 2Q16. Total gross merchandise volume (GMV) reached ¥234.8 billion in 2Q17, an increase of 46% year over year. General merchandise contributed 51% of total GMV, up from 48% in the year-ago period. JD.com continued to expand its product offerings through cooperations with international brands, such as Walmart, Baidu and Farfetch, which are expected to drive business expansion. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Middle-Income Consumers Drive Improved Financial Optimism: US Consumer Survey InsightsConsumer Sentiment Largely Holds Steady in December After November Highs: China Consumer Survey InsightsAnalyst Corner: Cutting Through AI News Flood with the Coresight Research AI IMPACT Framework, with Charlie PoonUS Drugstore and Pharmacy Retailing: Themes, Concepts and Innovators—Rightsizing for Relevance; Smaller Footprints for a Bigger Impact
