Macquarie Downgrades Leju Holdings (LEJU) to Neutral
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Leju Reports Third Quarter 2015 Results
November 18, 2015 6:00 AM ESTBEIJING, Nov. 18, 2015 /PRNewswire/ -- Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading online-to-offline ("O2O") real estate services provider in China, today announced its unaudited financial results for the fiscal quarter ended September 30, 2015.
Third Quarter 2015 Financial Highlights
Total revenues increased by 18% year-on-year to $151.2 million Revenues from e-commerce services increased by 26% year-on-year to $106.4 million Revenues from online advertising services decreased by 6% year-on-year to $39.4 million Revenues from listing services increased by 134% year-on-year to $5.4 million Non-GAAP1 income from operations decreased by 29%... More