JD.com reported strong Q1 2025 results with total revenues up 16% year-over-year, accelerating from the previous quarter. Key highlights include:
1. Double-digit growth across major revenue streams, including electronics, home appliances, and general merchandise.
2. Gross margin expanded for the 12th consecutive quarter to 15.9%.
3. Net income attributable to shareholders increased 43% to RMB 13 billion.
4. Non-GAAP net margin expanded by 82 basis points to 4.2%.
5. JD Retail's non-GAAP operating income grew 38% year-over-year to RMB 13 billion.
6. Food delivery business approaching 20 million daily orders.
7. Continued focus on AI and automation across operations.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.