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JD.com (JD) exec says current active customers +30% Y/Y in Q4, helped by organic user growth in core retail and new initiatives like JD food delivery

Newsquawk Staff ·

JD.com (JD) exec says current active customers +30% Y/Y in Q4, helped by organic user growth in core retail and new initiatives like JD food delivery.

What it means

JD.com reported that its active customers have increased by 30% year-over-year in Q4, driven by organic growth in its core retail business and new initiatives such as food delivery. This is significant as it highlights the company's strengthening market position and ability to innovate, which could lead to positive sentiment around future revenue and profitability forecasts.

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