Why JD.com Stock Topped the Market Today
Investors were certainly buying what sprawling Chinese e-commerce company JD.com (NASDAQ: JD) was advertising on Tuesday. On offer was the company's latest set of quarterly results, which beat estimates and helped push its U.S.-listed American depositary shares (ADSs) more than 3% higher in price. That compared quite favorably to the 0.7% upward crawl of the bellwether S&P 500 index.For its opening quarter of 2025, JD.com booked revenue of slightly over 301 billion yuan ($47 billion), which represented a nearly 16% improvement on a year-over-year basis.The online retailer managed to post a far higher leap in profitability, with non-GAAP (adjusted) net income zooming 43% higher to 12.8 billion yuan ($1.8 billion). On a per-share basis, this figure was 8.41 yuan ($1.16) per ADS. Continue reading
Investors were certainly buying what sprawling Chinese e-commerce company JD.com (NASDAQ: JD) was advertising on Tuesday. On offer was the company's latest set of quarterly results, which beat estimates and helped push its U.S.-listed American depositary shares (ADSs) more than 3% higher in price. That compared quite favorably to the 0.7% upward crawl of the bellwether S&P 500 index.
For its opening quarter of 2025, JD.com booked revenue of slightly over 301 billion yuan ($47 billion), which represented a nearly 16% improvement on a year-over-year basis.
The online retailer managed to post a far higher leap in profitability, with non-GAAP (adjusted) net income zooming 43% higher to 12.8 billion yuan ($1.8 billion). On a per-share basis, this figure was 8.41 yuan ($1.16) per ADS.
