JD reports increased revenue for Q2

China’s second-biggest e-commerce player JD.com Inc reported its net revenues for the second quarter reached 93.2 billion ($13.7 billion), an increase of 43.6 percent from the second quarter of last year. Gross merchandise volume for the second quarter of 2017 increased by 46 percent to 234.8 billion yuan from 160.4 billion yuan in the same period of last year. Annual active customer accounts increased by 37 percent to 258.3 million in the 12 months ended June 30, 2017. And fulfilled orders reached 591.2 million, an increase of 41 percent from 418.9 million in the same period in 2016. Richard Liu, chairman and CEO of JD.com said: “As we broaden our range of offerings, including a rapidly growing roster of top international brands, our customer base continues to expand, with female shoppers becoming an increasingly active user base.” Holk Nielsen, president and CEO of Novozymes, in a statement. “We had growth in the large segments and delivered 3 percent organic sales growth with a strong EBIT margin, excluding one-offs,” Nielsen said. According to the interim financial report, earnings before interest and tax for the first six months of 2017 stood at 1.973 billion Danish kroner ($311 million), up 3 percent from 1.911 billion kroner year-on-year. Sales rose 3 percent to 7.278 billion kroner in the first half of 2017 as compared to the same period last year. despite lower domestic sales of oil byproducts. In addition, there was a raise in the income originated from exports, as oil prices rose and the volume of exports increased. median analysts’ predictions for a 2.5-percent annualized increase. The expansion in inflation-adjusted gross domestic product equates to a 1.0-percent increase from the previous quarter.