Cowen Notes Solid Growth at JD.com (JD) But Remains on the Sidelines
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JD.com's (JD) Strong 4Q Guidance Suggests Successful Double-Eleven Shopping Promotions; Summit Research Reiterates Hold
November 17, 2015 8:32 AM ESTSummit Research reiterated a Hold rating and $35.00 price target on JD.com, Inc (NASDAQ: JD) following the company's 3Q earnings report. 3Q15 revenue came in below consensus, reflecting no major promotion events in the September quarter, and to a lesser extent, the challenging economy. Strong December quarter guidance suggests successful Double-Eleven shopping promotions, likely driven by strong active user acquisitions, which reflects the... More
JD.com (JD) Reports Q3 EPS of RMB0.02
November 16, 2015 6:48 AM ESTJD.com (NASDAQ: JD) reported Q3 EPS of RMB0.02, versus RMB0.27 reported last year. Revenue for the quarter came in at RMB44.1 billion, versus RMB29 billion reported last year.
GMV for the third quarter of 2015 was RMB115.0 billion (US$218.1 billion), an increase of... More
