艹艹艹
SENIOR MEMBER
- Jul 7, 2016
- 5,165
- 0
- Country
- Location
This Chinese E-Retailer Is Having Its Best Day in Four Months
Catherine Larkin
2019年5月10日 GMT+8 下午10:13
JD.com Inc. headquarters in Beijing Photographer: Qilai Shen/Bloomberg
Shares of JD.com, China’s second-biggest e-commerce operator, had their biggest gain since January after first-quarter revenue topped analyst estimates.
Analysts highlighted margin improvement and a strong second-quarter sales view. Citi said that while many investors anticipated a strong report, JD’s forecast for a re-acceleration of revenue growth was better than expected and indicates “strong business momentum.” Bloomberg Intelligence expects margins will steadily improve with increasing scale in direct sales and better capacity utilization at the third-party logistics business.
JD’s American depositary receipts rose as much as 11 percent in New York before paring gains. The stock has gained almost 40 percent so far this year, outperforming rival Alibaba Group, which is up 29 percent.
============================================================
JD said active customer accounts grew 15% from last year to 310.5 million, helping product revenue grow 19% to $16.2 billion. Costs increased by 20% to $15.3 billion, the company said, but non-GAAP operating margins still improved by 80 basis points to 1.6%.
Catherine Larkin
2019年5月10日 GMT+8 下午10:13
JD.com Inc. headquarters in Beijing Photographer: Qilai Shen/Bloomberg
Shares of JD.com, China’s second-biggest e-commerce operator, had their biggest gain since January after first-quarter revenue topped analyst estimates.
Analysts highlighted margin improvement and a strong second-quarter sales view. Citi said that while many investors anticipated a strong report, JD’s forecast for a re-acceleration of revenue growth was better than expected and indicates “strong business momentum.” Bloomberg Intelligence expects margins will steadily improve with increasing scale in direct sales and better capacity utilization at the third-party logistics business.
JD’s American depositary receipts rose as much as 11 percent in New York before paring gains. The stock has gained almost 40 percent so far this year, outperforming rival Alibaba Group, which is up 29 percent.
============================================================
JD said active customer accounts grew 15% from last year to 310.5 million, helping product revenue grow 19% to $16.2 billion. Costs increased by 20% to $15.3 billion, the company said, but non-GAAP operating margins still improved by 80 basis points to 1.6%.
