Updated
Updated · MarketWatch · May 11
JD.com expected to post first-quarter net profit
Updated
Updated · MarketWatch · May 11

JD.com expected to post first-quarter net profit

15 articles · Updated · MarketWatch · May 11
  • FactSet consensus sees 3.53 billion yuan profit on 310.14 billion yuan revenue when the Beijing-based group reports on Tuesday.
  • That would mark a return to profit from a 2.71 billion yuan fourth-quarter loss, though below the 10.89 billion yuan earned a year earlier.
  • Analysts expect resilient retail profitability, narrowing food-delivery losses and about 3% revenue growth, while JD.com's Hong Kong-listed shares rose 1.4% in the first quarter.
Is JD's food delivery business a strategic data play for its AI ambitions, rather than a quest for profit?
Is JD's multi-billion subsidy war a winning strategy or just a costly race to the bottom against its rivals?
Can JD's high-cost logistics model conquer Europe, or will it struggle against established, asset-light competitors?