JD.com Inc. (NASDAQ: JD) reported third quarter 2020 earnings results today.
Net revenues increased 29.2% year-over-year to RMB174.2 billion, or $125.7 billion.
Net income attributable to ordinary shareholders was RMB7.6 billion, or $1.1 billion, compared to RMB0.6 billion in the same period last year. Adjusted net income attributable to ordinary shareholders rose 80.1% to RMB5.6 billion, or $0.8 billion.
Diluted net income per ADS was RMB4.70, or $0.69, versus RMB0.41 last year. Adjusted net income per ADS was RMB3.42, or $0.50, compared to RMB2.08 in the year-ago period.
Annual active customer accounts increased by 32.1% to 441.6 million in the twelve months ended September 30, 2020 compared to the same period last year.
Leading stock indexes retreated after gaining mid-week when Wall Street biggies like Apple and Amazon reported impressive quarterly numbers. The Dow Jones Industrial Average was down 190 early Friday, while
The airlines sector was severely impacted by the disruption caused by the COVID-19 pandemic in 2020. A year later, the industry is still limping its way to a recovery. In
The company that witnessed the strongest growth during the pandemic is probably Amazon.com, Inc. (NASDAQ: AMZN), which went into overdrive when the crisis triggered an online shopping boom. Taking a