JD.com (JD) Tops Q3 EPS by 9c; Guides Q4
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Chinese e-commerce firm JD.com maintains revenue growth in third quarter
November 15, 2016 5:31 AM ESTBy Catherine Cadell
(Reuters) - JD.com Inc (NASDAQ: JD), China's second-largest e-commerce firm, said on Tuesday its third-quarter revenue grew 38 percent from a year ago, slightly ahead of analysts' expectations.
The results, along with fourth-quarter predictions that could potentially end a recent trend of slowing growth, sent the company's U.S.-listed shares up nearly 10 percent in early New York trade.
The online shopping firm, whose shares have fallen 26.5 percent this year against a 10.5 percent rise for larger rival Alibaba Group Holding Ltd (NYSE:... More
