JD.Com: Market Concerns on Profitability Overdone

JD.Com: Weaker Sales Growth but More Focus on Profitability

JD.Com Delivers Cleaner Growth Message in 2Q16 Results.

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Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/446" target="_blank" data-smartkarma-citation="entities:446">Jd.Com Inc Adr</a>  (JD) reported pretty strong 4Q15 numbers overnight. Revenues and GMV (gross merchandise value) were above expectations but the company missed on profits due to impairment charges related to Paipai shutdown (operating costs RMB 2.5bn) and a write-down in BitAuto Holdings (non-operating costs RMB 3bn). Overall revenues (GMV) for 2015 grew to $68.9bn with net revenues of $28bn.   The non GAAP net loss was $131.3m.</p><p>The key in these results though was the 79% core GMV growth, which…</p>

Jd.Com Inc Adr  (JD) reported pretty strong 4Q15 numbers overnight. Revenues and GMV (gross merchandise value) were above expectations but the company missed on profits due to impairment charges related to Paipai shutdown (operating costs RMB 2.5bn) and a write-down in BitAuto Holdings (non-operating costs RMB 3bn). Overall revenues (GMV) for 2015 grew to $68.9bn with net revenues of $28bn.   The non GAAP net loss was $131.3m.The key in these results though was the 79% core GMV growth, which…

JD.com: Strong Revenue Growth, Rising Margins and More to Come.

JD.com Inc (ADR)

JD.com: Strong Revenue Growth, Rising Margins and More to Come.