JD.com reported strong Q1 2025 results: - Total revenues up 16% year-over-year to RMB 301 billion - Electronics and home appliances revenues up 17% - General merchandise revenues up 15% - Marketplace and marketing revenues up 16% - Non-GAAP net income up 43% to RMB 13 billion - Non-GAAP net margin expanded 82 bps to 4.2%
Key highlights: - Food delivery business scaling rapidly, approaching 20 million daily orders - Over 1 million merchant stores onboarded for food delivery - Strong user growth and engagement across retail platforms - Continued focus on enhancing supply chain capabilities and user experience - Investing in AI and automation across demand, supply and fulfillment Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
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