JD LOGISTICS

$JD.com(JD.US) released its Q1 2026 results on May 12. Takeaway: growth has bottomed and is recovering, with profits ahead of expectations. Total revenue was RMB 315.7bn (+~5% YoY), improving from +1.5% in the prior quarter and slightly above market expectations.

The three major domestic e-commerce giants--$JD.com(JD.US) first delivered their Q3 financial report on November 13th. In summary, this quarter's performance was also "divided," with both good and bad news. Overall, revenue remained stable, but losses were more severe than expected. By segment, the core mall segment performed excellently, with both revenue and profit being superior, while the profits from new businesses and JD Logistics were worse than expected. Detailed points are as follows: 1. Revenue is okay, profit is not: In terms of overall figures, JD.com's total revenue for the quarter increased by 15% year-on-year, slightly above the market expectation of 13%. Although the growth rate of electrical sales has indeed deteriorated significantly...

The collaboration with BYD currently covers more than ten models, and more new models will gradually achieve mass production from 2025 to 2026.

On the evening of May 13th, Beijing time, before the US stock market opened, $JD.com(JD.US) announced its financial report for the first quarter of 2025. At first glance, it looks quite good, but is it really that impressive? Let's quickly go through the numbers: 1. $JD-SW(09618.HK) achieved a total revenue growth of 16% and a 31% increase in adjusted operating profit—this is quite impressive in the chaotic e-commerce platform landscape. 2. In terms of categories, the key driver of revenue growth is self-operated electronic products—revenue from self-operated electronic products, which accounts for nearly 50%, surged by 17%...

The following is the minutes of JD's Q4 2024 conference call. For the financial report commentary, please see "National Subsidies Support the Market, JD Finally 'Gets Out of the Pit'." 1. Review of Core Financial Information: 1) Performance of Each Business Segment: JD Retail's Q4 revenue grew by 15% year-on-year, with a full-year growth of 7%. Gross margin has expanded year-on-year for 11 consecutive quarters, with Q4 and full-year GAAP operating profit margins reaching 3.3% and 4%, respectively. JD Logistics' Q4 and full-year revenue both grew by 10% year-on-year, with both internal and external revenue achieving double-digit year-on-year growth in Q4, and GAAP operating profit margin reaching 3.5%...