JD.com, Inc (JD) PT Raised to $33 at MKM Partners; Reiterates Neutral
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JD.com Announces Fourth Quarter and Full Year 2016 Results
March 2, 2017 5:33 AM ESTBEIJING, March 02, 2017 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD), the largest Chinese e-commerce company by revenue, today announced its unaudited financial results for the quarter and full year ended December 31, 2016.
Fourth Quarter and Full Year 2016 Highlights
Net revenues for the fourth quarter of 2016 were RMB80.3 billion (US$111.6 billion), an increase of 47% from the fourth quarter of 2015. Revenues from services and others, mainly from the companys e-commerce platform business, for the fourth quarter of 2016 were RMB7.4 billion... More