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: China Consumer Tracker: More Consumers Are Making Discretionary PurchasesRetail-Tech Landscape: Drones in RetailUS CPG Sales Tracker: E-Commerce Growth Accelerates, But Not for BeautyUS Store Tracker Extra, February 2023: Tractor Supply Openings Drive Total New Retail Space to 33 Million Square Feet