By  on November 15, 2019

SHANGHAI — Growth in China’s lower-tiered cities boosted’s revenue for the third quarter ended Sept. 30 to 134.8 billion renminbi, or $18.9 billion, an increase of 28.7 percent year-over-year, the highest growth rate in the last five quarters.

However, net income attributable to ordinary shareholders was 612.3 million renminbi, or $85.7 million, down sharply from 3 billion renminbi for the same period last year.

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