JD.com (JD, Financial) announced its financial results for the first quarter ending March 31, 2025, reporting a net revenue of RMB 301.1 billion, marking a 15.8% year-over-year increase. Net profit attributable to ordinary shareholders reached RMB 10.9 billion, a 52.7% rise. Excluding non-GAAP measures, the net profit was RMB 12.8 billion, up by 43.4%.
During an analyst call, JD.com’s CEO and CFO discussed the company’s performance and future strategies. The CEO highlighted the strategic extension of JD's core retail business into the food delivery sector, emphasizing the synergy between instant retail and delivery services. JD.com aims to leverage its established logistics and brand reputation to meet the growing demands for safe and quality food delivery.
The CFO noted the robust growth in the "Supermarket" and "Fashion" categories, both showing double-digit revenue increases. JD.com plans to enhance brand diversity and supply chain advantages to drive sustainable growth. The company is also focusing on improving user experience and platform ecosystem to maintain healthy revenue growth.
