JD.com quarterly revenue rises 64 pct

Reuters News
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Posted: Aug 15, 2014 6:38 AM

(Reuters) - JD.com Inc, China's second-largest e-commerce company, reported a 64 percent rise in quarterly revenue as the number of its active customers nearly doubled.

However, net loss widened to 582.5 million yuan ($93.9 million), or 94 cents per American depositary share (ADS), in the second quarter ended June 30 from 28.3 million yuan, a year earlier.

Revenue rose to $4.6 billion.

Gross value of goods sold more than doubled to $10.2 billion.

(Reporting by Soham Chatterjee in Bangalore; Editing by Kirti Pandey)