UPDATE: Morgan Stanley Downgrades JD.com (JD) to Equalweight
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JD.com Announces Second Quarter 2015 Results
August 7, 2015 6:13 AM EDTBEIJING, Aug. 7, 2015 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD), China's largest online direct sales company, today announced its unaudited financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights1
Net revenues for the second quarter of 2015 were RMB45.9 billion (US$7.4 billion), an increase of 61% from the second quarter of 2014. Net revenues from services and others for the second quarter of 2015 were RMB3.3 billion (US$0.5 billion), an increase of 108% from the second quarter of 2014. Â Net loss for the second quarter... More