JD.com posts 73% gain in revenue during Q4

JD.com Inc, the biggest e-commerce rival to Alibaba Group Holding Ltd in China, posted a 73 percent rise in revenue for the three months through December, topping estimates as it expanded sales across more consumer goods categories.

Revenue for JD.com's fourth quarter rose to $5.6 billion versus the $5.3 billion average estimate of 13 analysts surveyed by Thomson Reuters.

The Beijing-based company said on Tuesday it expected revenue of between 34.8 billion yuan ($5.55 billion) and 35.8 billion yuan in the first quarter of 2015.