Business

JD.com's Impressive Q1 Performance: A 15.8% Surge in Net Revenue to $141.5 Billion

JD.com Reports Strong Q1 Growth

Chinese e-commerce giant JD.com Inc. has announced a remarkable 15.8% year-on-year increase in net revenue for the first quarter of 2025, reaching 301.1 billion yuan ($141.5 billion). The company also reported a significant 52.7% surge in net earnings, totaling 10.9 billion yuan ($1.5 billion).

CEO Sandy Xu on User Growth and Future Prospects

"The quarter saw particularly strong user growth, underscoring the growing trust and mindshare JD has garnered among consumers. This not only strengthens our ecosystem but also highlights the potential of our new initiatives for driving long-term, high-quality growth," stated CEO Sandy Xu.

Market Reaction

Following the earnings announcement, JD.com's shares experienced a slight decline of 1.55% in premarket trading.

Stay tuned for more updates on JD.com's financial performance and strategic initiatives.