JD.com (JD) Reports In-Line Q1 EPS; GMV Rose 55%

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Go back to JD.com (JD) Reports In-Line Q1 EPS; GMV Rose 55%

JD.com Announces First Quarter 2016 Results

May 9, 2016 7:10 AM EDT

BEIJING, May 09, 2016 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD), China's largest online direct sales company, today announced its unaudited financial results for the quarter ended March 31, 2016.

First Quarter 2016 Highlights

GMV for the first quarter of 2016 increased by 55% to RMB129.3 billion (US$120.1 billion) from the core GMV (excluding Paipai.com) of RMB83.6 billion in the first quarter of 2015.Net revenues for the first quarter of 2016 were RMB54.0 billion (US$8.4... More