JD.com grows revenue 31%, may avoid listing logistics unit

JD.com (NASDAQ: JD), a leading Chinese e-commerce company, reported a 31% jump in fourth-quarter revenue totaling $34.4 billion, and total revenue of $114.3 billion for 2020. The company’s core retail business saw the largest jump in revenue at $31.9 billion. Year-over-year, the company reported a 30% increase in active users to 471.9 million, it said on a Thursday earnings call.

Earnings per share increased 187.5% year-over-year to 23 cents, beating the 19-cent estimate. The company is...

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