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: Analyst Corner—Trimming Waistlines and Spending: Exploring New Data on GLP-1’s Impact on Consumer Purchases, with John MercerEarnings Insights 4Q24, Week 5: Most Companies Report Strong Growth Results This WeekDeeper on DeepSeek and Its Potential to Radically Level the AI Playing FieldConsumer Sentiment—The Big Surprise in a Week of Shocks; Plus, Apparel Shopping in Focus: US Consumer Survey Insights
