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The Chinese e-commerce company reported a quarterly net income of $1.8 billion, as revenue rose 16% from a year ago to $41.5 billion.
JD.com reported better-than-expected earnings for the first quarter as Chinese consumer sentiment improved.
China's JD.com topped market estimates for quarterly revenue on Tuesday, in a sign the e-commerce giant saw steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment.
BEIJING, May 13, 2025 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the “Company” or “JD.com”), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months ended March 31, 2025.
JD.com, Inc. JD will release earnings results for the first quarter, before the opening bell on Tuesday, May 13.
The bulk of earnings season is over, but there are still plenty of stocks to issue their quarterly results.
Stocks are soaring today , after the U.S. and China agreed to cut "reciprocal" tariffs by 115% for 90 days, with plans for further negotiations in the coming weeks.
An unexpected thaw in US-China trade relations is sending US equity markets soaring this morning.
JD.com is not just an e-commerce giant, but also a significant physical retailer with a robust logistics network now listed as JD Logistics in Hong Kong. Recent financial trends show a slowdown in net income growth and a modest increase in service revenues, with logistics playing a crucial role in revenue support. The company's new venture into on-demand delivery aims to leverage its extensive retail and logistics network, despite the market dominance of Meituan and Ele.me.
JD's expected pressure on its business segment and short-term operating expenses suggest that investors should remain cautious ahead of Q1 results.