JD.com Sales Soar In Q3 As High-End Strategy Delivers

Source: JD.com, Monday, Nov 13, 2017

Chinese pure-player JD.com saw total Q3 revenue rise 39.2% to CNY83.7 billion (USD12.74 billion), up from CNY60.2 billion (USD9.06 billion) a year earlier. This came despite increased sales, marketing, fulfilment and technology expenses during the period. GMV was CNY302.5 billion, lower than Q2 and reflective of typically slower volumes for this quarter ahead of the Singles Day event.