China shopping festival smashes record with $25 billion haul

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JD.com, Inc (JD) PT Raised to $52 at Nomura/Instinet Following 3Q Report

November 14, 2017 7:52 AM EST

Nomura/Instinet raised its price target on JD.com, Inc (NASDAQ: JD) to $52.00 (from $49.00) while maintaining a Buy rating following the company's 3Q earnings release. JDs gross margin came in at 15.5%, vs the consensus estimate of 14.8%. Online marketing service likely accounted for... More

CLSA Retierates Buy Rating & $56 PT on JD.com (JD) Following 3Q Beat; 'Big Margin Beat'

November 14, 2017 6:42 AM EST

CLSA reiterates Buy rating and $56 price target on JD.com, Inc (NASDAQ: JD), following the company's third quarter earnings report.

Analyst Elinor Leung notes a positive outlook on the shares, as the company reported third quarter earnings per share and revenue results above... More

JD.com (JD) Tops Q3 EPS by 13c on Revenues of $12.6B; Offers 4Q Revenue Guidance

November 13, 2017 5:38 AM EST

JD.com (NASDAQ: JD) reported Q3 EPS of $0.23, $0.13 better than the analyst estimate of $0.10. Revenue for the quarter came in at $12.6 billion.

Fourth Quarter 2017 Guidance

Net revenues for the fourth quarter of 2017 are expected to be between RMB107 billion and RMB110 billion, representing a growth rate between 35% and 39% compared with the fourth quarter of 2016, excluding the impact from JD Finance for both 2017 and 2016 periods. This forecast reflects JD.coms current and preliminary expectation, which is subject to change.

Third Quarter 2017 Highlights for Continuing Operations

Net revenues1 for the... More

Alibaba (BABA) T-Mall Singles' Day GMV Reaches 20B Yuan - Bloomberg

November 10, 2017 11:27 AM EST

Alibaba (NYSE: BABA) T-Mall Singles' Day GMV Reaches 20B Yuan - Bloomberg

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