JD, the $97 billion Chinese web retail giant, is having its self-sufficient star moment. Its New York-listed shares are up 76% year-to-date, almost four times more than Alibaba. sharonlamhk writes:
Chinese e-commerce group JD.com on Aug. 17 reported revenue in the three months to June of 201 billion yuan , up 33.8% from the same quarter last year.
After excluding share-based compensation and one-off gains and losses, adjusted earnings on a non-GAAP basis were 5.9 billion yuan, a 66% increase from the same period last year.
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