In this file:

 

         JD Meat Import Deal As An Indication For NAFTA & Global Trade

         JD.com (JD) Tops Q3 EPS by 13c on Revenues of $12.6B; Offers 4Q Revenue Guidance

 

 

JD Meat Import Deal As An Indication For NAFTA & Global Trade

About: JD.com (JD)

 

James Sands, Seeking Alpha

Nov.10.17

 

Summary

 

         JD announced the signing of a deal to import $1.2 billion of U.S. beef and pork over three years.

 

         President Trump's focus on establishing separate trade deals is not a strategy to reduce trade, but rather the opposite.

 

         The end game is getting the world to buy America.

 

Overview

 

There are multiple implications from JDís (JD) recently announced beef and pork import deal, with the $1.2 billion deal being part of an overall commitment by JD to purchase $2 billion of U.S. goods across a range of categories over three years.

 

First, JD is the largest e-commerce company in China and the largest Chinese retailer in terms of net sales. The company is following Amazonís (AMZN) lead on getting into the grocery business. The offering of U.S.-based meat products is beneficial for both U.S. producers and Chinese consumers looking for diversified meat options.

 

Meat products are a very fast-growing category for JD as it was reported that the companyís first half of 2017 volume from direct sales of meat increased by more than 780 percent from the previous year. Imported meat reflected approximately 30 percent of those sales. JDís opportunity is based on the majority of online orders coming from first and second-tier cities, with a large runway for growth.

 

While no company is perfect, the U.S. continues to have a strong reputation for safe, high-quality meat products...

 

more

https://seekingalpha.com/article/4123445-jd-meat-import-deal-indication-nafta-and-global-trade

 

 

JD.com (JD) Tops Q3 EPS by 13c on Revenues of $12.6B; Offers 4Q Revenue Guidance

 

StreetInsider.com

November 13, 2017

 

JD.com (NASDAQ: JD) reported Q3 EPS of $0.23, $0.13 better than the analyst estimate of $0.10. Revenue for the quarter came in at $12.6 billion.

 

Fourth Quarter 2017 Guidance

 

Net revenues for the fourth quarter of 2017 are expected to be between RMB107 billion and RMB110 billion, representing a growth rate between 35% and 39% compared with the fourth quarter of 2016, excluding the impact from JD Finance for both 2017 and 2016 periods. This forecast reflects JD.comís current and preliminary expectation, which is subject to change.

 

Third Quarter 2017 Highlights for Continuing Operations

 

         Net revenues1 for the third quarter of 2017 were RMB83.7 billion (US$12.6 billion), an increase of 39.2% from the third quarter of 2016.

         Gross profit3 for the third quarter of 2017 was RMB13.0 billion (US$2.0 billion), an increase of 50.3% from the third quarter of 2016. Non-GAAP gross profit4 was RMB12.8 billion (US$1.9 billion), an increase of 51.9% from the same quarter last year.

         Net income...

 

more

https://www.streetinsider.com/Earnings/JD.com+%28JD%29+Tops+Q3+EPS+by+13c+on+Revenues+of+%2412.6B%3B+Offers+4Q+Revenue+Guidance/13493370.html