Welcome to our dedicated page for JD.com news (Ticker: JD), a resource for investors and traders seeking the latest updates and insights on JD.com stock.
JD.com, Inc. (JD), also known as Jingdong and internationally as Joybuy, is a major Chinese e-commerce company headquartered in Beijing. Formerly known as 360buy, JD.com is recognized for its vast selection of authentic products, speedy, and reliable delivery services. The company's 2022 China GMV is comparable to Pinduoduo but remains lower than Alibaba, according to estimates.
JD.com has developed a robust nationwide fulfillment infrastructure and last-mile delivery network that employs its own staff. This infrastructure supports the company's online direct sales, online marketplace, and omnichannel businesses. By maintaining control over its logistics, JD.com ensures a high level of service quality and efficiency.
The company continually strives to enhance its business operations and financial performance. For the first quarter of 2024, JD.com reported an increase in income from operations by 19.8% to RMB7.7 billion (US$1.1 billion) from RMB6.4 billion for the same period in 2023. The operating margin improved to 3.0% from 2.6% over the same periods. Non-GAAP income from operations also saw an increase, rising 12.7% to RMB8.9 billion (US$1.2 billion) from RMB7.9 billion.
JD.com continues to innovate and expand its services. Notable recent endeavors include the adoption of the 2023 Share Incentive Plan and a comprehensive focus on Environment, Social, and Governance (ESG) practices. Additionally, JD.com has announced a share repurchase program and is committed to returning value to its shareholders.
The company regularly updates its stakeholders through conference calls and webcasts available on its investor relations website. Stakeholders can access supplemental information, business highlights, and detailed financial results through these platforms.
JD.com, a leading e-commerce company, has appointed Ms. Caroline Scheufele as an independent director, effective June 22, 2021. With over 35 years in the luxury goods industry, she is co-president and artistic director of Chopard, recognized for sustainable luxury and ethical gold. Her experience is expected to enhance JD’s brand trust and international vision. CEO Richard Liu emphasized her alignment with the company's mission of social responsibility. Scheufele expressed enthusiasm for contributing to JD's growth.
JD.com will hold its annual general meeting (AGM) on June 23, 2021, at 4 p.m. Hong Kong time, at Building A, No. 18 Kechuang 11 Street, Daxing District, Beijing. Shareholders of Class A and B ordinary shares as of May 20, 2021, are entitled to attend and vote. American depositary shareholders must act through Deutsche Bank Trust Company Americas. The company has filed its annual report for the 2020 fiscal year with the SEC, available on its investor relations website. JD.com is focused on transforming into a leading supply chain-based technology provider.
JD.com reported strong financial results for Q1 2021, with net revenues increasing by 39% year-over-year to RMB203.2 billion (US$31.0 billion). Notably, net service revenues surged 73.1% to RMB27.9 billion (US$4.3 billion). However, income from operations declined to RMB1.7 billion (US$0.3 billion), down from RMB2.3 billion in the previous year. Net income attributable to shareholders rose sharply to RMB3.6 billion (US$0.6 billion), compared to RMB1.1 billion a year earlier. The diluted EPS also increased significantly to RMB2.25 (US$0.34).
JD.com, a leading Chinese e-commerce company, plans to release its first quarter 2021 financial results on May 19, 2021, before U.S. market opening. The management will host a conference call at 7:30 am ET on the same day to discuss the results. Interested participants are advised to register in advance for the call and can access a replay from May 19 through May 27. JD.com is transforming its operations to be a major supply chain technology provider and is listed on NASDAQ and HKEX.
JD.com reported strong financial results for Q4 and the full year 2020. Net revenues for Q4 reached RMB224.3 billion (US$34.4 billion), a 31.4% increase year-over-year, while full-year revenues totaled RMB745.8 billion (US$114.3 billion), a 29.3% rise. Net service revenues soared by 53.2% in Q4, totaling RMB32.1 billion (US$4.9 billion). The company's net income for Q4 surged to RMB24.3 billion (US$3.7 billion), up from RMB3.6 billion a year earlier. Operating cash flow also improved significantly, reaching RMB42.5 billion (US$6.5 billion) for the year. JD.com’s customer accounts increased by 30.3%, reflecting its growth strategy.
JD.com, a leading e-commerce company in China, will announce its unaudited fourth quarter and full year 2020 financial results on March 11, 2021, before the U.S. market opens. A conference call for investors will occur at 7:00 am ET on the same day, allowing management to discuss the results. Registration for the call is required, and a replay will be available from March 11 to March 19, 2021. JD.com continues to evolve as a technology-driven service provider, enhancing its retail infrastructure to meet consumer demands.
JD.com reported strong financial results for Q3 2020, with net revenues reaching RMB174.2 billion (US$25.7 billion), a 29.2% increase year-over-year. General merchandise sales rose by 34.8%, while service revenues surged by 42.7%. However, income from operations decreased to RMB4.4 billion (US$0.6 billion) from RMB5.0 billion in 2019. Net income attributable to ordinary shareholders increased significantly to RMB7.6 billion (US$1.1 billion), and diluted EPS rose to RMB4.70 (US$0.69). Annual active customer accounts hit 441.6 million, a 32.1% increase from the previous year.
JD.com (NASDAQ: JD) will release its unaudited third quarter 2020 financial results on November 16, 2020, before the U.S. market opens. The company aims to transform into a leading supply chain-based technology provider. A conference call to discuss the results is scheduled for 7:00 am ET on the same day. Participants must register in advance to join the call. The company is recognized as the largest retailer in China and part of the NASDAQ100, highlighting its substantial market presence.
JD.com reported strong financial results for Q2 2020, with net revenues of RMB201.1 billion (US$28.5 billion), a 33.8% increase YoY. General merchandise sales surged 45.4%, while net service revenues rose by 36.4%. The company achieved a net income attributable to shareholders of RMB16.4 billion (US$2.3 billion), compared to RMB0.6 billion last year. JD.com maintained cash and investments of RMB126.0 billion (US$17.8 billion). Annual active customer accounts increased by 29.9% to 417.4 million. The company continues to emphasize technology and supply chain improvements.
JD.com has entered a definitive agreement to acquire a controlling stake in Kuayue Express for RMB3 billion, combining existing and newly issued shares. This acquisition aims to enhance JD Logistics' supply chain management and service capabilities, targeting improved customer experiences and operational efficiency. The transaction is expected to close in Q3 2020. The collaboration emphasizes leveraging synergies between JD Logistics and Kuayue Express, a leader in express courier services in China.
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