China's JD.com posts 62 pct rise in quarterly revenue
08/05/2015 08:46
May 8 (Reuters) - JD.com Inc JD.O , China's No.2 e-commerce
company, reported a 62 percent rise in quarterly revenue,
topping expectations, as the number of active customer accounts
across its sites nearly doubled from a year ago.
JD.com's revenues of 36.6 billion yuan ($5.90 billion)
exceeded analyst estimates of 35.65 billion yuan, according to
Thomson Reuters I/B/E/S.
JD.com, a distant rival to Alibaba Group Holding Ltd
BABA.N , also announced its participation in a $500 million
investment in Tuniu Corp TOUR.O .
($1 = 6.2078 Chinese yuan renminbi)
(Reporting by Gerry Shih and Paul Carsten; Editing by
Subhranshu Sahu)
((Gerry.Shih@thomsonreuters.com; +86 133 0137 8331;))
Keywords: JD.COM RESULTS/