Earnings Performance1Q25 non-GAAP core earnings increased by 43% y/y, 23% above market expectations, on better-than-expected revenue growth and profitability in JD retail.
Market PositionJD.com is the third largest e-commerce player in China with a market share of approximately 18% in terms of GMV.
Revenue GrowthManagement raised its revenue growth guidance for 2Q25F and FY25F to double-digit yoy growth, driven by a strong uplift from its trade-in programme.