JD.com Reports 16% Revenue Growth, 53% Profit Increase Amid Chinese Consumer Rally

JD.com reported a strong first quarter in 2025 with revenue reaching approximately $41.8 billion, a 16% year-over-year increase driven by improving Chinese consumer sentiment and government stimulus measures. The company's net profit surged 53% to 10.9 billion yuan ($1.51 billion), surpassing analyst expectations despite challenges from U.S.-China trade tensions and fierce domestic competition. JD.com's growth was supported by robust user expansion, enhancements in supply chain capabilities, and strategic investments in new initiatives such as food delivery and marketing partnerships. The company has employed aggressive discounting and subsidies to attract shoppers amid a still-weak consumer environment impacted by economic uncertainty and a persistent property sector crisis. CEO Sandy Xu highlighted encouraging signs from these new initiatives, though increased expenses in marketing and order fulfillment have been noted. Despite strong financial performance, JD.com's U.S.-listed shares experienced some premarket declines, reflecting broader market volatility.