JD Rides on Strong Retail Segment Growth: Can Upside Continue Ahead?
JD.com‘s JD core retail business is powering ahead, reaffirming its role as the company’s key growth engine. JD Retail’s revenues rose 20.6% year over year to RMB 310.1 billion, contributing the bulk of the total company’s revenues. Profitability also improved, with operating margin rising to 4.5% from 3.9%, its best sequential performance. Broad-based category strength ...












