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PATANGE INDUSTRIES PVT LTD
Requirement - Production Manager
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VADILAL
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PREETI DEVELOPERS PRIVATE LIMITED
Manager- Sales
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CEASEFIRE INDUSTRIES PRIVATE LIMITED
Area Manager/ Territory Manager (Sales)_ Goa
Permanent · Pune
INDEED.MX
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Permanent · MEXICO CITY
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Permanent · MEXICO CITY
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ECL FINANCE LIMITED
Area Sales Manager- Small Ticket Housing Loan
Permanent · Hyderabad
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
JAYPEE BROTHERS MEDICAL PUBLISHERS PVT LTD.
Area Sales Manager
Permanent · Prayagraj
By
Reuters
Published
Mar 1, 2016
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JD.com's revenue growth beats expectations

By
Reuters
Published
Mar 1, 2016

JD.com, China's second biggest e-commerce company behind Alibaba, has reported better than expected revenue growth in the last three months of 2015 as volume sales on its platforms jumped despite China's economic slowdown.


The company, Alibaba Group Holding Ltd's main rival in online shopping, said on Tuesday fourth-quarter revenue rose 57 percent to 54.6 billion yuan ($8.34 billion), ahead of the average market forecast of 51.794 billion yuan, according to a Thomson Reuters poll of 13 analysts.

However, JD.com's net losses ballooned to 7.6 billion yuan ($1.16 billion) in the last quarter, more than 16 times as much as a year earlier, which it blamed on impairment charges on its Paipai.com business. Excluding one-off and extraordinary items net losses were 656.2 million yuan.

China's economy has been growing at its slowest rate in a quarter of a century, although consumer buying is still relatively healthy.

The total value of merchandise transactions on JD.com's platforms was up 69 percent at 145.3 billion yuan ($22.19 billion) in the quarter.

$1 = 6.5484 Chinese yuan renminbi
 

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