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24.06.26 - 02:54
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JD.com′s Shen on China Economic outlook (Bloomberg)
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Shen Jianguang, VP and Chief Economist at JD.Com, shares his outlook on China's economy as the nation accelerates into an AI‑driven era marked by surging demand.
He speaks with Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian, China on "Bloomberg: The Asia Trade". (Source: Bloomberg)...
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12.05.26 - 12:54
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JD.com swings back to profitability in first quarter though profits tumble 53% (SCMP)
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Chinese online shopping giant JD.com reported a 53.2 per cent year-on-year decline in first-quarter profit to 5.1 billion yuan (US$750.2 million) due to protracted competition on the e-commerce and food delivery fronts.
The company was able to swing back to profitability after posting a loss in the previous quarter. Under non-generally accepted accounting principles which excludes one-off costs and non-cash items, JD.com posted a net income of 7.4 billion yuan in the March quarter, compared with......
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05.03.26 - 22:01
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JD.com Swings to Loss as Fading Subsidies Hit Electronics Sales (Caixin)
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JD.com Inc. swung to a net loss of 2.7 billion yuan ($391 million) in the fourth quarter of 2025, compared with a profit of 9.9 billion yuan a year earlier, as the fading impact of government trade-in subsidies weighed on its core electronics business and heavy investment in new ventures squeezed margins.
... Read more...
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17.11.25 - 12:00
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AI puts wind in the sales of Singles′ Day as Alibaba and JD.com hit retail records (SCMP)
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China's e-commerce giants Alibaba Group Holding and JD.com reported record-breaking sales for the Singles' Day online shopping festival, as the companies looked to artificial intelligence to help boost sales and traffic amid a sluggish economy.
During the event, which ran for almost a month from mid-October, Alibaba's online retail platforms Taobao and Tmall saw more than 34,000 brands double their sales from a year ago, the company said on Saturday.
More than 18,000 brands recorded sales growth......
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13.11.25 - 18:01
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JD.com′s Revenue Beats Estimates, But Profits Slump on Delivery Gamble (Caixin)
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JD.com Inc. beat revenue expectations in the third quarter, but profits took a hit as the Chinese e-commerce company ramped up investment in its fledgling food delivery unit.
The U.S.- and Hong Kong-listed firm reported revenue of 299.1 billion yuan ($42 billion) for the three months ended Sept. 30, a 14.9% increase from a year earlier, exceeding market forecasts. However, net profit attributable to shareholders fell 54.7% to 5.3 billion yuan as spending on emerging businesses more than doubled marketing outlays.
The results underscore JD.com's aggressive strategy to compete in high-frequency consumer services such as food delivery — an effort designed to drive user growth and boost traffic to its core retail platform.
Marketing costs jumped 110.5% year-on-year to 21.1 billion yuan, while fulfillment expenses rose 35.2% to 22 billion yuan. Revenue from JD.com's new businesses — which include its food delivery arm, community group-buying platform Jingxi, and overseas operations — tripled to 15.6 bi...
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