Jd.Com Inc Stock Price, News & Analysis

JD.com, a leading supply chain-based technology provider, will release its unaudited fourth quarter and full year 2022 financial results on March 9, 2023, before U.S. market opens. A conference call hosted by management is scheduled for 7:00 AM ET on the same day to discuss the results. Interested parties can register in advance to participate in the call. A replay will also be available until March 16, 2023. JD.com aims to continue enhancing its retail infrastructure, facilitating consumer access and innovation across various sectors.

On January 17, 2023, JD.com and the APEC Women Leadership Forum launched the report titled "APEC Report: Observation of Women's Value in Sustainable Consumption and Production." The report highlights women's critical role in sustainable consumption, revealing that they prioritize environmentally friendly products significantly more than men. Surveys indicated that over 60% of roles in dedicated sustainability departments are held by women. Additionally, JD.com has engaged over 300,000 enterprises in its Green Stream Initiative, promoting carbon reduction. The report emphasizes the urgency of enhancing awareness of responsible consumption amid global uncertainties.

JD.com reported robust financial results for Q3 2022, with net revenues reaching RMB243.5 billion (US$134.2 billion), up 11.4% year-over-year. Net service revenues soared 42.2% to RMB46.5 billion (US$6.5 billion). Income from operations increased significantly to RMB8.7 billion (US$1.2 billion) from RMB2.6 billion a year earlier. The company posted a net income of RMB6.0 billion (US$0.8 billion), reversing a loss of RMB2.8 billion in Q3 2021. Annual active customer accounts rose 6.5% to 588.3 million.

JD.com, Inc. (NASDAQ: JD) will release its unaudited third quarter 2022 financial results on November 18, 2022, before U.S. markets open. Management will host a conference call at 7:00 am Eastern Time to discuss these results. Investors can register for the call in advance and access a replay until November 25, 2022. JD.com aims to enhance consumer purchasing flexibility through its advanced supply chain solutions and Retail as a Service model, which leverages its technology and infrastructure for various sectors.

JD.com announced the appointment of Carol Yun Yau Li as an independent director and member of the compensation committee, effective immediately. Ms. Li brings extensive experience in business, finance, and law, having been a Managing Director at Yale Center Beijing and a former executive at China Investment Corporation. Her role at JD Logistics since May 2021 highlights her capabilities. The board believes her experience will contribute significantly to JD.com's strategy in serving business partners and society through their supply chain-based infrastructure.

JD.com reported its second quarter 2022 financial results, showing net revenues of RMB267.6 billion (US$40.0 billion), up 5.4% year-on-year. Net service revenues increased by 21.9% to RMB41.6 billion (US$6.2 billion>. Net income attributable to shareholders was RMB4.4 billion (US$0.7 billion), compared to RMB0.8 billion last year. Diluted net income per ADS rose to RMB2.74 (US$0.41). The company reported a free cash flow of RMB27.7 billion (US$4.1 billion) for the twelve months ending June 30, 2022. Annual active customers increased by 9.2% to 580.8 million.

JD.com, Inc. (NASDAQ: JD) has announced it will release its unaudited financial results for the six months ended June 30, 2022, on August 23, 2022, before U.S. market opens. A conference call is scheduled for the same day at 8:00 AM ET to discuss these results. Interested parties are encouraged to register in advance for the call and access details will be provided. Additionally, an archived webcast will be available on the company's investor relations website following the call.

JD.com has renewed its strategic cooperation agreement with Tencent for three more years, enhancing their collaboration across various sectors such as communications, technology, and marketing. As part of the agreement, JD.com will issue up to $220 million in shares to Tencent, leveraging their partnership to improve user shopping experiences. This collaboration aims to solidify JD.com's position in the market while providing better service to customers.

Naspers Limited announced that Tencent declared a special interim dividend in the form of a distribution of JD.com shares. Prosus N.V., majority-owned by Naspers, received 131,873,028 JD.com shares, amounting to a 4% interest. Following the distribution, Prosus executed an orderly market disposal of these shares, concluding on June 24, 2022, generating proceeds of approximately US$3.67 billion. The carrying value of the JD.com shares, as of March 31, 2022, was around US$3.94 billion, with zero profit after tax for the fiscal year ending on that date.