JD.com beats revenue estimates in Q2 on strong consumer spending, shares climb

Achmad Shoffan
0

 


JD.com (NASDAQ:JD) shares climbed 2% in premarket trading Thursday after the Chinese e-commerce firm reported better-than-expected results for the second quarter of 2025.

The company’s non-GAAP diluted net income per American depositary share (ADS) came in at RMB4.97 (US$0.69) for the second quarter of 2025, well above the consensus estimate of RMB3.56.

Net revenues rose 22.4% year-on-year to RMB356.7 billion (US$149.8 billion), topping the analysts’ average estimate of 331.63 billion yuan, according to data compiled by LSEG.

“In the second quarter, we saw robust growth in user traffic, quarterly active customers, and user shopping frequency on JD’s platform, driven by sustained momentum across both our core JD Retail business and New Businesses including JD Food Delivery,” said Sandy Xu, CEO of JD.com.

Looking ahead, we are confident that our core retail business will remain a solid cornerstone of our operations as we continue to focus on delivering the best user experience, lowering costs, and improving efficiency."

JD Retail posted net revenues of RMB310.1 billion (US$43.3 billion) for the quarter, up 20.6% from a year earlier, with its operating margin improving to 4.5% from 3.9% in the same period of 2024.


Source :

https://www.investing.com/news/earnings/jdcom-beats-revenue-estimates-in-q2-on-strong-consumer-spending-shares-climb-4191168

Tags

Posting Komentar

0Komentar

Posting Komentar (0)