JD.com Hit an Impressive Milestone: Half a Billion Buyers

Chinese e-commerce giant JD.com (NASDAQ: JD) just reported a blowout second quarter. Revenue hit a record 254 billion yuan (roughly $39.3 billion), beating analysts' consensus expectation. The company also added 32 million net new annual active customers -- the most ever in a single quarter -- bringing its user base to 532  million names.

The earnings release also offered some insights into JD.com's operational performance, as well as what could lie ahead for the company. 

Image source: Getty Images

Continue reading

Source Fool.com