JD.com Inc ( (JD) ) has released its Q1 earnings. Here is a breakdown of the information JD.com Inc presented to its investors.
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JD.com Inc., a leading supply chain-based technology and service provider, operates in the e-commerce sector, offering a wide range of products and services through its advanced retail infrastructure. The company has established itself as a major player in the industry by leveraging its technology and logistics capabilities.
In its first-quarter 2025 earnings report, JD.com announced a significant increase in net revenues, reaching RMB301.1 billion, marking a 15.8% growth compared to the same period in 2024. The company also reported a substantial rise in net income attributable to ordinary shareholders, which increased by 52.7% year-over-year, highlighting strong financial performance.
Key financial metrics from the report include an operating margin of 3.5% and a non-GAAP operating margin of 3.9%, both showing improvement from the previous year. JD.com’s core retail business, JD Retail, saw a 16.3% increase in net revenues, while its logistics and new business segments also contributed positively to overall growth. The company has been actively expanding its business operations, including launching a food delivery service and strengthening its logistics network.
Additionally, JD.com continued its strategic partnerships with major brands and introduced new products across various categories, including fashion and electronics. The company also launched an export-to-domestic sales program to enhance its product offerings in the domestic market. JD Health and JD Logistics segments made notable progress, with JD Health focusing on medical AI and JD Logistics expanding its global footprint.
Looking ahead, JD.com remains optimistic about its growth prospects, driven by consumer sentiment and enhancements in its supply chain capabilities. The company is committed to exploring new opportunities and maintaining its focus on long-term, high-quality growth, as indicated by its management’s positive outlook.
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