REUTERS: Chinese e-commerce platform JD.com Inc reported a 39per cent rise in quarterly revenue on Wednesday, aided by an expanded product line-up that helped lure in more users.
Net revenue at JD.com, China’s largest e-commerce company by revenue, rose to 203.2 billion yuan (US$31.57 billion) in the quarter ended March 31 from 146.2 billion yuan a year earlier. Analysts on average had expected revenue of 191.83 billion yuan, according to IBES data from Refinitiv.
(US$1 = 6.4364 Chinese yuan renminbi)
(Reporting by Eva Mathews in Bengaluru; Editing by Maju Samuel)
Source: Reuters
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