JD.com Surpasses Analysts’ Expectations in Fourth-Quarter and Full-Year 2024 Earnings
On Thursday, March 6, 2025, Chinese e-commerce giant JD.com (NASDAQ: JD) reported its fourth-quarter and full-year financial results for the year 2024. The company’s earnings surpassed the consensus expectations of financial analysts, sending positive vibes throughout the investment community.
Fourth-Quarter Earnings
For the fourth quarter, JD.com reported an adjusted net income per American depositary share (ADS) of $1.02, significantly outpacing the analysts’ forecasts of $0.87. The company’s total revenue for the quarter came in at $33.9 billion, representing a 17.5% increase year-over-year. The robust growth can be attributed to the strong demand for goods during the holiday season and the increasing popularity of its JD Logistics and JD Finance services.
Full-Year Earnings
For the full year 2024, JD.com reported an adjusted net income of $2.5 billion, a 13.8% increase from the previous year. The company’s total revenue for the year reached $137.4 billion, marking a 14.5% year-over-year increase. The growth was driven by the continued expansion of its e-commerce business, the success of its JD Logistics and JD Finance services, and the increasing popularity of its JD Mall and JD Club membership programs.
Impact on Investors
The strong fourth-quarter and full-year earnings report sent JD.com’s stock soaring, with shares closing up more than 8% on the day of the announcement. The positive earnings report indicates that the company’s growth strategy is paying off and that it is well-positioned to capitalize on the growing e-commerce market in China and beyond.
Impact on the World
JD.com’s strong earnings report is a positive sign for the global e-commerce industry, which has been undergoing significant growth in recent years. The company’s success in China, the world’s largest e-commerce market, demonstrates the potential for continued growth in the sector. Additionally, JD.com’s investment in logistics and financial services highlights the importance of these sectors in the e-commerce ecosystem and the potential for innovation and disruption in these areas.
Conclusion
JD.com’s fourth-quarter and full-year earnings report for 2024 was a strong one, with the company reporting revenue and earnings that exceeded analysts’ expectations. The robust growth can be attributed to the strong demand for goods during the holiday season, the increasing popularity of its JD Logistics and JD Finance services, and the continued expansion of its e-commerce business. The positive earnings report sent JD.com’s stock soaring, and the company’s success in China is a positive sign for the global e-commerce industry. The continued investment in logistics and financial services highlights the importance of these sectors in the e-commerce ecosystem and the potential for innovation and disruption in these areas.
- JD.com reported fourth-quarter and full-year earnings for 2024
- Adjusted net income per ADS was $1.02, higher than analysts’ forecasts
- Total revenue for the year was $137.4 billion, a 14.5% year-over-year increase
- Strong earnings report sent JD.com’s stock soaring
- Success in China is a positive sign for the global e-commerce industry
- Continued investment in logistics and financial services
