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JD.com, Inc. (NASDAQ:JD ) Q4 2024 Earnings Conference Call March 6, 2025 7:00 AM ET Company Participants Sean Zhang - Director of IR Sandy Xu - CEO Ian Shan - CFO Conference Call Participants Ronald Keung - Goldman Sachs Kenneth Fong - UBS Jialong Shi - Nomura Alicia Yap - Citigroup Thomas Chong - Jefferies Operator Hello, and thank you for standing by for JD.com's Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time all participants are in listen-only mode.
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Though controversial for a long time, Michael Burry's long bets on a series of Chinese technology stocks have been providing a massive payoff in 2025.
On Thursday, China-based JD.com, Inc. (NASDAQ: JD) reported fiscal fourth-quarter 2024 revenue growth of 13.4% year over year to $47.54 billion, beating the analyst consensus estimate of $45.96 billion.
Chinese e-commerce giant JD.com (JD 6.86%) reported fourth-quarter and full-year 2024 earnings on Thursday, March 6, that topped analysts' consensus expectations. Adjusted net income per American depositary share rose to $1.02, significantly outpacing analysts' forecasts of $0.87.
The results suggest that Chinese consumer spending is picking up after an extended slump.
Chinese e-commerce giant JD.com exceeded market expectations for quarterly revenue on Thursday, as deep discounts and price cuts encouraged robust spending from consumers, driving up strong year-end sales.
BEIJING, March 06, 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 and the full year ended December 31, 2024 and an annual cash dividend for the year ended December 31, 2024.
JD.com Inc JD will be reporting its fourth-quarter earnings on Thursday. Wall Street expects 80 cents in EPS and $45.16 billion in revenues as the company reports before market hours.
Stocks of several of China's most popular technology companies were rallying on Wednesday as the country's leader promised to support the technology industry and kept its economic growth goals intact.