Strong Revenue Growth
Total revenues were up 16% year-on-year, with healthy growth across all major categories including electronics, home appliances, and general merchandise.
Robust Profit Growth
Non-GAAP net profit increased by 43% year-on-year to RMB 12.8 billion, with net margin expanding by 82 BPs to 4.2%.
Electronics and Home Appliances Performance
Revenue growth in electronics and home appliances accelerated to 17% year-over-year, driven by strong domestic consumption and government stimulus policies.
Expansion in General Merchandise
General merchandise revenue growth accelerated to 15% year-on-year, with supermarket category achieving double-digit growth for the fifth consecutive quarter.
User Growth and Engagement
Quarterly active customers grew by over 20% year-on-year, with increased average shopping frequency and ARPU.
Successful Food Delivery Launch
JD's food delivery business reached close to 20 million orders daily, showing strong user, merchant, and rider engagement.
AI and Automation Initiatives
Significant AI-driven enhancements across demand, supply, and fulfillment aspects, improving user experience and operational efficiency.
Shareholder Returns
Completed a new cash dividend payout of US $1.44 billion and repurchased 80.7 million Class A ordinary shares, equivalent to 40.4 million ADS.