JD.com (NASDAQ:JD) shares climbed 2% in premarket trading Thursday after the Chinese e-commerce giant reported second-quarter results that outpaced expectations.
The company posted non-GAAP diluted net income per American Depositary Share (ADS) of RMB 4.97 (US$0.69) for Q2 2025, well above the consensus estimate of RMB 3.56.
Net revenues rose 22.4% year-over-year to RMB 356.7 billion (US$149.8 billion), surpassing analysts’ average estimate of RMB 331.63 billion, according to LSEG data.
“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 recorded net revenues of RMB 310.1 billion (US$43.3 billion) for the quarter, up 20.6% from a year earlier, with operating margins improving to 4.5% from 3.9% in the same period of 2024.
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