US Stock Market Move | JD.com, Inc. Sponsored ADR Class A(JD.US) rose 3% in pre-market trading, with a year-on-year growth in revenue of 13.4% for the fourth quarter of 2024.
On Thursday, JD.com (JD.US) stock rose 3% in pre-market trading, reaching $45.05 per share.
On Thursday, JD.com, Inc. Sponsored ADR Class A (JD.US) stock rose 3% in pre-market trading, reaching $45.05. The financial report shows that in 2024, JD.com, Inc. Sponsored ADR Class A group's annual revenue was 1,158.8 billion yuan (approximately 158.8 billion U.S. dollars). The revenue in 2024Q4 was 347 billion yuan (approximately 47.5 billion U.S. dollars), a year-on-year increase of 13.4%. Among them, product revenue increased by 14.0% year-on-year, exceeding the growth rate of physical goods online retail during the same period, while service revenue increased by 10.8% year-on-year. Both product and service revenues achieved double-digit year-on-year growth.
Ms. Xu Ran, CEO of JD.com, Inc. Sponsored ADR Class A Group, stated: "Against the backdrop of the gradual recovery of the consumer market, we are pleased to close out 2024 with a strong performance in the fourth quarter. JD.com, Inc. Sponsored ADR Class A's revenue growth rate has returned to double digits, and profits have also maintained healthy growth. In addition, most categories' revenues this quarter, as well as key metrics including active users and shopping frequency, have achieved healthy double-digit year-on-year growth. We are more optimistic about 2025. With consumer sentiment steadily improving, coupled with our strong execution of strategic priorities, we will continue to unleash high-quality growth potential."
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