JD.com reported strong Q1 2025 results:
- Total revenue up 16% year-over-year, accelerating from previous quarter
- Electronics and home appliances revenue up 17%, general merchandise up 15%
- Marketplace and marketing revenue up 16%, logistics up 13%
- Gross margin expanded to 15.9%, non-GAAP net income up 43% YoY
- Active customer base grew double digits YoY for 6th consecutive quarter

JD's food delivery business is gaining rapid traction:
- Daily order volume approaching 20 million
- Over 1 million merchants onboarded
- Seeing initial cross-selling trends with retail business
- Focus on building sustainable long-term business and ecosystem synergies

JD is actively embracing AI across its business:
- Applying AI in advertising, search/recommendations, supply chain, logistics
- Using AI to enhance operational efficiency and user experience
- Developing AI agents to help merchants with ad campaigns
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.