jd.com's Q3 revenue was 260.4 billion yuan, an increase of 5.1% year-on-year.
Adjusted net income was 13.2 billion yuan, a year-on-year increase of 23.9%.
jd.com's performance in the first three quarters increased by more than 50%, making significant contributions to the 'trade-in old for new' and white label retail.
JD.com executives stated that the consumption potential stimulated by national subsidies in the third quarter has not been fully unleashed yet. The continuation of this policy is very helpful in boosting consumption, and there are also hopes for consumer confidence to continue to strengthen. Looking at the whole year, the group is confident that profits will exceed double-digit growth.
Express News | JD.com CEO Xu Ran: The business scale of JD.com supermarkets has not yet reached the long-term target.
Express News | jd.com executives: We are confident in achieving double-digit growth in gross profit for the whole year.
Express News | JD.com Exec - for the Full Year, We Are Confident Gross Profit Will Achieve Double-Digit Growth - Conf. Call
Individual Investors Who Have a Significant Stake Must Be Disappointed Along With Institutions After JD.com, Inc.'s (NASDAQ:JD) Market Cap Dropped by US$4.4b