Chinese e-commerce group JD.com, which competes with Alibaba’s Tmall platform, missed analyst expectations in its quarterly earnings report amid booming costs.
Adjusted earnings per share came to Rmb0.71 ($0.11), dropping 23 per cent from the previous year, and also undershooting analyst estimates in a Bloomberg poll of Rmb0.81.
Net revenues for the first three months of 2018 soared to Rmb100bn ($16bn), increasing by a third from the same period last year. But costs also jumped, especially in technology research, as the company tries to shore up its competitive advantage in logistics management.
您已阅读33%（601字），剩余67%（1224字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。