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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.
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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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