The shares of JD.com, Alibaba's commercial e-commerce trading rival has now boosted the uncertainty about technology companies in China at the Q4 2018 online retailer line.
The company has won 13,800 million RMB (219,600 million dollars) in the last quarter of last year. The slower rate of growth over the past 5 years, while public JD was 22.3 per cent public, exceeded 19,149 million dollar analysts. JD.com earns earnings per share.
This combination has increased Nasdaq's share prices over 14% of pre-market prices, Reuters said. The stock market is about five percent when writing, according to Yahoo Finance data.
Chinese companies keep the country's economy challenging. Apple has slowed the forecast of quarterly growth forecasts for Chinese growth, which has shifted the costs of Chinese technology companies.
Some of them set Didi by 15 percent of their employees and NetEase makes restrictions over units, while JD.com also shares its management team with a 10 percent share.
In the face of this situation, overcoming expectations was enough to launch investors' interests, even if the growth of JD.com's business rose. In the last quarter of the year, it is the most lucrative asset, thanks to the Singles & # 39; Day shopping festival. In this way, the company has net quarterly earnings of 4.8 million RMB or $ 700 million in Q4.
Annual JD.com revenue increased by 27.5% in 2018 to reach RMB 462.0 million ($ 67.2 million), RMB 2.5 million, $ 400 million. In 2017, the company made a net profit of 116.8 million RMB at a time of $ 18 million.
In the field of technology, JD.com has invested heavily in drones, individual delivery and automated warehousing, with short-term investment spurs instead of playing long-term technology with cutting-edge technology.
However, the scandal has been after the CEO, Richard Liu, has been suspected of suspected abuse after being arrested in the United States. In the end, Liu was not charged in any way, the authorities admitted that it was not possible to give him any reason against him.