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JD.com Quadruped Earnings in the First Quarter [The Motley Fool]
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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US:NASDAQ Investor Relations: ir.jd.com
JD.com Quadruped Earnings in the First Quarter Don't expect the massive gains to last, as management promised to reinvest surplus funds into growth engines in the second quarter and beyond. Chinese e-commerce giant JD.com ( NASDAQ:JD ) reported earnings on May 10, describing the results of the first quarter in fiscal year 2019. The company sailed past management's revenue guidance and pointed to a further acceleration of sales in the next reporting period. Here's a closer look. Data source: JD.com. In the earnings call , CEO Richard Liu told investors and analysts that JD actually follows a modern version of the classic playbook for large-scale retail businesses. "I just also want to just come back to the basics, what you mentioned on the various decentralized retail formats, you can also draw comparison to the various innovative boutique shops in the offline world," Liu said. "At different times, you always have different new innovative retail formats, but in the end, the retail eco
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