Cowen Notes Solid Growth at JD.com (JD) But Remains on the Sidelines
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JD.com Announces Third Quarter 2015 Results
November 16, 2015 4:15 AM ESTBEIJING, Nov. 16, 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 September 30, 2015.
Third Quarter 2015 Highlights1
GMV for the third quarter of 2015 was RMB115.0 billion (US$218.1 billion), an increase of 71% compared with the third quarter of 2014. GMV excluding Paipai.com (Core GMV) for the third quarter of 2015 increased by 76% year-over-year to RMB111.0 billion (US$17.5 billion).Net... More