JD.com reported revenue of $1.6 billion last year during its "Singles' Day" promotion period that started November 1, 2013. Alibaba processed 36.2 billion yuan, or $5.8 billion, in gross merchandise volume last year. The company processed 254 million orders within 24 hours and handed 156 million packages.
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Separately, TheStreet Ratings team rates CHINA FINANCE ONLINE CO -ADR as a "sell" with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:
"We rate CHINA FINANCE ONLINE CO -ADR (JRJC) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The area that we feel has been the company's primary weakness has been its disappointing return on equity."
Highlights from the analysis by TheStreet Ratings Team goes as follows: