Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com May 11 news, JD.com Group today released the first quarter of 2023 financial results, first-quarter net revenue of 243 billion yuan, an increase of 1.4% year-on-year, estimated at 240.49 billion yuan; first-quarter adjusted income per ADS of 4.76 yuan, compared with 2.53 yuan for the same period last year, estimated at 3.59 yuan.

JD.com Group's adjusted EBITDA profit margin in the first quarter was 3.9%, compared with 2.5% in the same period last year; the net profit of NON-GAAP in the first quarter was 7.6 billion yuan, up 88.3% from the same period last year; and the adjusted EBITDA in the first quarter was 9.5 billion yuan, up 57% from the same period last year.

Xu ran, new CEO of JD.com Group, said: "We are pleased to see that service revenue has increased to 20% of total revenue in the first quarter, which not only contributes to our healthy profit margins, but also reflects our great success in attracting investment. The number of third-party merchants joining JD.com platform reached an all-time high. With the advance of our proactive business adjustment, we also saw more financial and operational trends in the second quarter. Looking ahead, we will continue to focus on business quality, create a high-quality platform, and provide assistance to merchants and suppliers in terms of commodity exposure opportunities, traffic and low-cost operations to promote long-term sustainable growth. "

JD.com Group's R & D expenditure fell 4.5% in the first quarter of 2023 compared with the same period last year, from 4.4 billion yuan in the first quarter of 2022 to 4.2 billion yuan in the first quarter of 2023.

According to previous reports from CTOnews.com, JD.com Group announced today that Xu ran, CFO of JD.com Group, was promoted to CEO, responsible for the day-to-day operation and coordinated development of various businesses of the Group, and reported to JD.com Group's board of directors and chairman Liu Qiangdong. Xu Lei, the former CEO of JD.com Group, submitted his retirement application for personal reasons, which was approved by the group's board of directors and respected and agreed to Xu Lei's retirement application. CFO of JD.com Logistics Group was promoted to CFO of JD.com Group.

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