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On the evening of Nov. 19, Sina Technological News reported that Liu Qiangdong made his first voice in a conference call after the third quarter's financial report was released in Jingdong. He answered questions and said, "Now the management team of the whole Jingdong Group has been stable and formed. The main focus of the individual is on new business and more mature business." My management is able to manage. Four things are facing the individual: strategy, culture, team and new business.
Asked about the Minnesota incident, Liu Qiangdong did not respond. Jingdong executives responded: "We really don't have any new information to tell you, and we can't make any comments. It's important that we respect the U.S. judicial system. As you can see, Liu Qiangdong has returned to the company to work normally, and this matter has no impact on the company's operation.
Jingdong today released its third quarter 2018 results. Jingdong's net revenue in the third quarter was 104 billion 800 million yuan, an increase of 25.1% over the same period last year. Under non-GAAP, net profit was 1.2 billion yuan, which was 2.2 billion yuan in the same period last year, down 45.45% from the same period last year.
According to Yahoo's financial data, 17 Wall Street analysts on average expect that Beijing East's third-quarter earnings per American Deposit Receipt (ADS) will be diluted by $0.1, not in accordance with the U.S. General Accounting Standards (non-GAAP). According to the results, based on non-GAAP, the third quarter diluted earnings per ADS of Jingdong was 0.8 yuan ($0.12), which was higher than analysts'expectations.
In addition, Wall Street's 22 analysts average expected that Jingdong's net income in the third quarter was US $15 billion 310 million. Jingdong reported a net income of $15 billion 300 million in the third quarter, slightly below analysts' expectations.
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