JD.com Q1 2025: Revenue Accelerates 16% YoY, Net Profit Surges 43%

Earnings Call
13 May

JD.com reported strong Q1 2025 results:
1. Total revenue up 16% year-over-year, accelerating from previous quarter
2. Net profit attributable to shareholders increased 43% YoY to 13 billion RMB
3. Gross margin expanded to 15.9%, marking 12 consecutive quarters of YoY improvement
4. Electronics and home appliances revenue grew 17% YoY
5. General merchandise revenue up 15% YoY, with supermarket and fashion categories seeing double-digit growth
6. Marketplace and marketing revenues increased 16% YoY
7. JD Retail's non-GAAP operating income rose 38% YoY to 13 billion RMB
8. JD Logistics revenue grew 11% YoY
9. Food delivery business is rapidly expanding, approaching 20 million daily orders
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.

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