China’s JD.com (formerly JingDong and 360Buy) prepares for a $1.5B IPO in the US. To this end it had to give a rather interesting insight into its figures in the SEC filing. Not only is the profit of JD.com rather low, but it mainly comes from interest, government tax rebates and ‘other business’. That other business is not clearly described …
- Page 2 of 2
- 1
- 2