Welcome to our dedicated page for Jd.Com news (Ticker: JD), a resource for investors and traders seeking the latest updates and insights on Jd.Com stock.
JD.com, Inc. reports news around its role as a supply chain-based technology and service provider with an ADR listed on Nasdaq and shares listed in Hong Kong. Company updates commonly cover financial results, board-meeting announcements, annual reporting, and developments in its retail infrastructure, direct sales, online marketplace, omnichannel services, and Retail as a Service offering.
Recurring corporate news also includes shareholder-return and capital-structure actions such as annual dividends, share repurchases, share cancellations, financing disclosures, and shareholder voting matters. These updates reflect JD.com’s cross-border reporting profile, weighted voting rights capital structure, and use of both U.S. and Hong Kong market announcements.
JD.com reported robust financial performance for the fourth quarter and full year of 2021, with fourth-quarter net revenues reaching RMB275.9 billion (US$43.3 billion), a 23.0% year-over-year increase. The total net revenues for 2021 were RMB951.6 billion (US$149.3 billion), up 27.6%. However, the company experienced a net loss attributable to shareholders of RMB5.2 billion (US$0.8 billion) for Q4 and RMB3.6 billion (US$0.6 billion) for the full year. Non-GAAP net income for Q4 was RMB3.6 billion (US$0.6 billion). JD.com also saw a significant growth in active customer accounts, increasing by 20.7% to 569.7 million.
JD.com announced that its investment in Dada Nexus has received all necessary regulatory approvals, with the transaction expected to close by the end of February 2022. JD.com will invest US$546 million in cash and resources for a significant stake in Dada, resulting in approximately 52% ownership. This acquisition is set to enhance JD.com's consolidation of Dada's financial results into its own, strengthening its position in China's local on-demand delivery and retail market.
JD.com, Inc. (NASDAQ: JD) announced plans to release its unaudited fourth quarter and full year 2021 financial results on March 10, 2022, before U.S. market opens. Management will host a conference call at 7:00 am ET to discuss these results. Participants must register in advance and join the call 10 minutes early. A telephone replay will be available from 10:00 am ET on March 10 through 8:59 am ET on March 17. Investors can access a live and archived webcast on the company’s investor relations website.
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JD.com has secured a five-year, US$2.0 billion unsecured term and revolving loan facility, marking its first green loan. Priced at 85 basis points over LIBOR, the funds will be allocated to existing or new green projects and for general corporate purposes. The facility is pending final registration with Chinese regulatory authorities.
As a leading supply chain-based technology provider, JD.com aims to enhance its retail infrastructure and drive innovation across various sectors.
JD.com announced an increase in its share repurchase program from US$2.0 billion to US$3.0 billion, extending the authorization until March 17, 2024. This decision signals the company’s commitment to enhancing shareholder value and reflects management's confidence in the business's long-term growth potential. The program aims to return capital to shareholders and potentially bolster the stock price as the company continues to innovate in its supply chain-based technology and services.
JD.com announced the retirement of Martin Chiping Lau from its Board of Directors after nearly eight years of service. Following this, Tencent Holdings Limited will distribute around 460 million Class A ordinary shares of JD.com, reducing its stake from 17% to approximately 2.3%. Shareholders receiving these shares will become JD.com shareholders. CEO Richard Liu expressed gratitude for Lau's contributions and welcomed Tencent shareholders as new investors. JD.com remains committed to its strategic partnership with Tencent and aims to drive long-term value for its expanded shareholder base.
JD Fresh, a division of JD.com, plans to double imports of Sunkist's citrus fruits over the next three years, following the arrival of the first shipment of navel oranges from California to Shanghai. Since entering the market in 2018, JD Fresh has achieved a 60% compound annual growth rate in Sunkist citrus sales. The initiative aims to import at least 10,000 tons of Sunkist citrus, capitalizing on China's growing demand for high-quality produce. JD's cold-chain logistics enable efficient delivery, further supporting Sunkist's growth in China, which represents 30% of its global exports.
JD.com reported third-quarter 2021 net revenues of RMB218.7 billion (US$33.9 billion), up 25.5% YoY, with net service revenues soaring 43.3% to RMB32.7 billion (US$5.1 billion). However, it faced a net loss attributable to ordinary shareholders of RMB2.8 billion (US$0.4 billion), contrasting sharply with a net income of RMB7.6 billion in Q3 2020. Non-GAAP net income was RMB5.0 billion (US$0.8 billion), down from RMB5.6 billion YoY. The company's annual active customer accounts increased by 25% to 552.2 million, demonstrating strong user engagement despite financial setbacks.
JD.com, Inc. (NASDAQ: JD) will release its unaudited third quarter 2021 financial results on November 18, 2021, prior to U.S. market opening. Management will host a conference call at 7:00 AM ET on the same day to discuss these results. Investors can pre-register for the call via a provided link and are advised to dial in 10 minutes early. A telephone replay will be available from 10:00 AM ET on November 18 through November 26, 2021. For more details, including the recording, visit the company's investor relations website.