JD.com Stock Rises on Accelerating Revenue Growth

JD.com


shares climbed in premarket trading Friday after the Chinese e-commerce platform reported accelerating revenue growth in the third quarter. 

JD.com


(ticker: JD) said net quarterly revenue rose more than 11% from the prior year to 243.5 billion yuan ($34.2 billion). That broadly matched analysts’ expectations of revenue of $34.25 billion, according to FactSet.