Company Earnings Update 4 minutesRegister for Free AccessJD.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? Register for a free user account. This document was generated for Other research you may be interested in: The Metaverse Is Not Dead: Defying the Rumors of Its DemiseAmazon Makes Gains During Big Spring Sale Event: US Consumer Survey InsightsShowfields and Neighborhood Goods Store Closures Reveal Challenges to the Physical Concession ModelWeekly US and UK Store Openings and Closures Tracker 2023, Week 50: VF Corporation Boosts US Openings
