JD.com posts strong sales growth in the third quarter

For the third quarter of 2019, JD.com reported net revenues of 134.8 billion Chinese yuan (18.9 billion dollars), representing a 28.7 percent increase from the same period in 2018. The company said, net product revenues increased by 26.6 percent, while net service revenues increased by 47 percent. Annual active customer accounts increased to 334.4 million in the twelve months ended September 30, 2019 from 321.3 million in the twelve months ended June 30, 2019, while mobile monthly active users in September 2019 increased by 36 percent and in the third quarter, over 70 percent of new customers were from lower-tier cities.