JD.com announced its unaudited third-quarter financial results for the three months ended September 30, 2024 on November 14, 2024. During the quarter, JD.com achieved a revenue of 260.4 billion yuan, a year-on-year increase of 5.1%; operating profit reached 12 billion yuan, a year-on-year increase of 29.5%, and the operating profit margin rose from 3.8% in the same period last year to 4.6%. Net profit was 11.7 billion yuan, a significant increase of 47.8% year-on-year, with a net profit margin of 4.5%. Under non-US GAAP, net profit was 13.2 billion yuan, up by 23.9%, with a net profit margin of 5.1%. Diluted earnings per American Depositary Share (ADS) were 7.73 yuan, a 54.6% increase from the same period last year. JD.com's CEO, Xu Ran, stated that the...Show More

JD.com announced its unaudited third-quarter financial results for the three months ended September 30, 2024 on November 14, 2024. During the quarter, JD.com achieved a revenue of 260.4 billion yuan, a year-on-year increase of 5.1%; operating profit reached 12 billion yuan, a year-on-year increase of 29.5%, and the operating profit margin rose from 3.8% in the same period last year to 4.6%. Net profit was 11.7 billion yuan, a significant increase of 47.8% year-on-year, with a net profit margin of 4.5%. Under non-US GAAP, net profit was 13.2 billion yuan, up by 23.9%, with a net profit margin of 5.1%. Diluted earnings per American Depositary Share (ADS) were 7.73 yuan, a 54.6% increase from the same period last year. JD.com's CEO, Xu Ran, stated that the company's revenue growth is accelerating, profit levels are healthy, actively participating in the national trade-in program, and driving growth in daily consumer goods. The company also announced the completion of a share buyback program and initiated a new $5 billion share buyback program. In addition, JD Logistics partnered with Taotian Group, fully integrating into the Taobao and Tmall platforms, and performed outstandingly in the S&P Global ESG ratings.