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JD.com reports Q4 revenue rose 23% YoY to $43.6B, above estimates, as its net loss reached $822M; JD’s market cap has shrunk by ~40% to $97B over the past year (Coco Liu/Bloomberg)
Coco Liu / Bloomberg:
JD.com reports Q4 revenue rose 23% YoY to $43.6B, above estimates, as its net loss reached $822M; JD’s market cap has shrunk by ~40% to $97B over the past year— JD.com Inc. posted 23% growth in revenue, after China’s second-largest e-commerce operator managed to grow users despite intensified competition and slowing consumption.
