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.
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company