JD.com Exceeds Revenue Expectations with Strong First Quarter Performance

Published 8 hours agoJD

JD.com Exceeds Revenue Expectations with Strong First Quarter Performance

JD.com, a leading name in China's e-commerce sector, has announced an impressive financial performance for the first quarter ending March 31, 2025. The company reported a notable 15.8% increase in revenue year-over-year, reaching 301.08 billion yuan, or approximately $41.82 billion. This figure surpasses analysts' predictions, which were pegged at 289.22 billion yuan, as noted by Reuters.

In addition to revenue growth, JD.com achieved a remarkable 43% rise in adjusted net income compared to the previous year, showcasing enhanced profitability. The company's logistics arm also demonstrated a significant turnaround, achieving a revenue increase of 14.7% to 42.14 billion yuan and reversing last year's loss into a net income of 238 million yuan, according to data reported by Sohu.com. Moreover, the net service revenues saw a 34.5% year-over-year growth, affirming the company's strategy of diversifying its income streams.

JD.com has also reached new heights in user engagement, reporting record numbers of daily and monthly active users at 107 million and 348 million respectively, driven by improvements in user experience. These achievements underscore JD.com's commitment to strengthening its position in the highly competitive e-commerce market, with its stock currently priced at 36.05 USD on the USA market, up marginally by 2.20 USD from the previous close.

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