On Friday, Shares of JD.com, Inc. (NASDAQ:JD), lost -2.26% to $32.07.
JD.com, declared its unaudited financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Highlights
- Net revenues for the second quarter of 2015 were RMB45.9 billion (US$7.4 billion), an enhance of 61% from the second quarter of 2014. Net revenues from services and others for the second quarter of 2015 were RMB3.3 billion (US$0.5 billion), an enhance of 108% from the second quarter of 2014.
- Net loss for the second quarter of 2015 was RMB510.4 million (US$82.3 million) and net margin was negative 1.1%. Non-GAAP net loss2 for the second quarter of 2015 was RMB15.7 million (US$2.5 million) and non-GAAP net margin was negative 0.03%.
- GMV for the second quarter of 2015 was RMB114.5 billion (US$18.5 billion), an enhance of 82% contrast with the second quarter of 2014. JD Mall GMV for the second quarter of 2015 raised by 92% year-over-year.
- Annual active customer accounts3 raised by 72% to 118.0 million in the 12 months ended June 30, 2015 from 68.5 million in the 12 months ended June 30, 2014.
- Fulfilled orders in the second quarter of 2015 were 305.6 million, an enhance of 87% from 163.7 million for the same period in 2014. Fulfilled orders placed through mobile accounted for about 47% of total orders fulfilled in the second quarter of 2015, an about 290% enhance contrast to the same period in 2014.
JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books.
Shares of Discover Financial Services (NYSE:DFS), inclined 2.20% to $54.77, during its last trading session, hitting its lowest level.
On July 23, Discover Financial Services has been recognized as a recipient of four Best Asian Pacific American (APA) Employer Awards. Presented by the Asia Society, the awards honor companies that support and develop APA employees.
Discover received the following 2015 citations for Best Practices in Retention, Diversity, and Asian-Pacific American Employee Resource Group. Discover received Noteworthy Performance Recognition as Best Employer for Asian Pacific American Employee Resource Groups.
Recognition is based on results from the 2015 APA Corporate Survey, which highlight outstanding companies that have successful best practices models for leadership, development and the advancement of APA employees.
Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services.
Finally, BB&T Corporation (NYSE:BBT), ended its last trade with -1.01% loss, and closed at $40.28.
BB&T Corporation declared it has accomplished its acquisition of Susquehanna Bancshares, Inc. (SUSQ) effective Aug. 1, 2015. Susquehanna is now operating as a division of Branch Banking and Trust Company. The core banking systems conversion is predictable during the fourth quarter of 2015.
“We are happy to complete this planned transaction and excited to welcome our new shareholders, clients and associates as we continue moving forward with the smooth integration of these two companies,” said Chairman and Chief Executive Officer Kelly S. King. “As we move toward systems conversion, our clients can continue to expect the same award-winning client service from the same friendly faces at Susquehanna Bank.”
BB&T Corporation also formerly declared it will create three new geographic banking regions – Western Maryland and Pennsylvania, Central Pennsylvania and the Greater Delaware Valley regions. In addition, BB&T and Susquehanna Bank will consolidate their existing regions in Maryland to form a new Maryland Region. As part of the acquisition, Susquehanna Bank merged with and into Branch Banking and Trust Company.
BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services.
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