August 15, 2014 / 12:36 PM / 3 years ago

China's JD.com sees full-year capex at 3.5-4.5 bln yuan

BEIJING, Aug 15 (Reuters) - JD.com Inc sees its full year 2014 capital expenditure at 3.5-4.5 billion yuan ($569-732 million), company executives said after its second-quarter results.

China’s No. 2 e-commerce company posted a widening quarterly net loss year on year, hit by costs related to a partnership with Tencent Holdings and higher spending to compete with market leader Alibaba Group Holding. (1 US dollar = 6.1470 Chinese yuan) (Reporting by Paul Carsten; Editing by David Goodman)

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