JD.com's Q4 2025 revenue growth slowed to 1.5%, with new business investments leading to a shift from profit to loss

robot
Abstract generation in progress

Caixin: The effect of “national subsidies” weakens, and JD.com’s revenue slows down; at the same time, investments in new businesses have turned JD from profit to loss. On the evening of March 5, JD.com Group (NASDAQ: JD / 09618.HK) released its Q4 2025 and full-year financial reports. The quarter achieved revenue of 352.284 billion yuan, slightly above the market expectation of 350.314 billion yuan, with growth slowing to 1.5%. Benefiting from trade-in subsidies, starting from Q4 2024, JD’s revenue growth returned to double digits. In the previous four quarters, JD’s revenue growth was 13.4%, 15.8%, 22.4%, and 14.9%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin