JD.com (NASDAQ: JD) 4Q18 Results: Revenues Beat Consensus Thanks to Strong Singles’ Day Sales

Executive Summary

• JD.com reported 4Q18 revenue of ¥134.8 billion ($19.6 billion), up 22.4% year over year and beating the consensus estimate of ¥132.5 billion. 
• Operating loss in the quarter narrowed to ¥938.9 million ($136.6 million).
• The company’s revenue guidance for 1Q19 was ¥118–122 billion, equivalent to 18–22% year-over-year growth.