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JD.com tops expectations with 73 percent rise in quarterly revenue

2015-03-03 13:21:31| IT Services - Topix.net

China's JD.com Inc, the biggest e-commerce rival to Alibaba Group Holding Ltd, posted a 73 percent rise in revenue for the three months through December, topping estimates as it expanded sales across more consumer goods categories. Revenue for JD.com's fourth quarter rose to $5.6 billion versus the $5.3 billion average estimate of 13 analysts surveyed by Thomson Reuters.

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