北京商报讯（记者 何倩）11月14日，京东旗下餐饮品牌七鲜小厨正式宣布推出团体餐食服务，将全面 承接各类企事业单位食堂运营及线上团餐订餐业务，服务范围涵盖校园、职场等多元团餐场景。 ...

京东在逐步补齐外卖及本地生活业务缺失的环节。 近日，壹览商业注意到，京东APP上线了"京东点评"入口。仅需在APP搜索栏输入"京东点评"，即可看到入口界面。 | 京东点评× | | | [0] 88 V | 5 京东点评 | H=112 | | | < > 京东点评 | ○ 露营 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 全部 | 秒送 | | 店铺 | | 明元 | | | | | | | | | | | ◎ 海创科技中心1幢 ▽ | | 中草清草 | Q 个人主页 | ◎ 海创科技中心1幢 ▽ | 中原道事 | 又个人主页 | | | 京东点评 > | | | | | | | | | | | | 找美食,选好物,去哪玩,住酒店,真实可信的 | | | | | | | | | | | | 生活指南,让你的消费决策更简单放心。 | | | | | | 九家的 | | 六 FUEL | | | | | | | 跟榜吃 京东亿级真实用户复购行为统计 | | | | 跟榜吃 京东亿级真实用户复购行为统计 | | ...

（来源： wind ） 11月13日，京东集团发布的2025年三季度业绩显示，收入达到2991亿元，同比增长14.9%，超出市场预期。然而同期净利润为53亿元，同比有所下滑。 在消费市场仍处复苏周期、行业投资普遍收紧的背景下，京东选择以短期利润投入换取长期战略优势，这一决策并非激进冒险，而是基于自身发展逻辑的理 性选择。从2007年力排众议自建物流，到如今布局本地生活与全球供应链，京东始终未将"短期暴利"作为商业模式的核心，这种长期主义基因，恰恰是其在 电商行业风云变幻中保持稳固基本盘的关键。 如今，从核心零售业务的稳固基本盘，到外卖等新业务的迅猛增长，从用户规模突破7亿大关，到超级供应链基础设施的持续布局，京东正在复制其历史上 已被验证过的发展逻辑。 目前，京东港股市盈率仅为10.57倍，处于15.54%的分位点，显然市场还未能充分认识到上述逻辑，但历史总会以类似的方式出现，结局也往往证明：京东 的长期主义思维，总能在时间的长河中收获回报。 1、业务增长与战略投入：短期利润与长期价值的平衡 京东三季度业绩呈现出"收入增长、利润承压"的明显特征，这一表象背后是公司在新业务和核心能力建设上的战略性投入，但不同于 ...

京东工业股份有限公司（简称"京东工业"）已第四次向港交所递交招股书，继续冲击港股IPO。由美 林、高盛、海通国际、瑞银担任联席保荐人。 若此次上市成功，京东工业将成为继京东集团、京东健康、京东物流、达达集团、德邦股份之后，京东 系第六家上市公司。 中国工业供应链技术与服务市场最大的服务提供商 京东工业是京东集团旗下专注于工业供应链技术与服务业务的子集团，成立于2017年7月。 根据灼识咨询数据，按2024年交易额计，京东工业在中国MRO采购服务市场排名第一，规模约为第二 名的近三倍。 同时，它也是中国工业供应链技术与服务市场最大的服务提供商，市场份额达到4.1%。 财务数据显示，京东工业近年来业绩增长迅速。2022年至2024年，京东工业营收从141亿元增至204亿 元。 据多家外媒报道，京东工业（JD Industrial）已于2025年11月启动港股IPO预路演，计划最快12月正式上 市。 截至2024年底，京东工业已覆盖约12.17万家供应商，提供约5710万个SKU，涵盖77个产品类别，在中 国拥有最为广泛的工业品品类。 京东集团通过全资子公司持有京东工业约78.84%的股权，处于绝对控股地位。 京东 ...

今年"6·18"战线将拉得更长。5月8日，根据平台公告，淘天与京东均会在5月13日晚8点抢跑大促， 较之去年，"6·18"时间覆盖范围首次提前至5月中旬。不仅如此，今年电商企业纷纷拉拢站外流量，小 红书笔记能跳转至淘宝、京东和拼多多，连超市明星胖东来也有意增加和平台的亲密度。当"6·18"来到 第22年，到底该如何提振流量，电商企业也在寻找出路。 同时，今年淘天对过往大促"满300减50"的跨店满减玩法有所调整。一位经营小饰品的淘宝商家向 北京商报记者表示，这一定程度上能减轻一些"羊毛党"为了凑满减故意退货的情况，缓解了商家的经营 压力。 短视频平台同样要分"6·18"一杯羹。抖音表示，今年大促延续"立减折扣"和"一件直降"等核心玩 法，投入亿级现金补贴和千亿级流量资源。活动将于5月13日0点开启，持续至6月18日24点。 快手宣布，购物节会覆盖"5·20"及"6·18"两个重要营销节点，平台将拿出千亿流量、20亿元补贴助 力商家、达人实现大促生意增长，"国补"可与跨店满减、大牌大补、口令红包等多种补贴叠加使用。 抱团"流量大户" 大促时间拉长 "6·18"大促越来越近。根据天猫的规划，在节奏上，"6·18" ...

高盛发布研报称，京东集团-SW(09618)第三季收入增长稳健，同比升15%，分别高于该行及市场预测 1%及2%，京东零售利润率更创新高至5.9%。该行认为，京东零售首九个月的利润稳固，同比增34%， 已超越2024财年全年的水平，并可能促使京东在新的增长领域采取积极的投资策略。该行表示，基于京 东的零售规模，并具有独特1P线上直销及市场平台模式，辅以内部仓储和供应链能力，予其"买入"评 级，美股(JD.US)目标价45美元，目标价174港元。 ...

智通财经APP获悉，高盛发布研报称，京东集团-SW(09618)第三季收入增长稳健，同比升15%，分别高 于该行及市场预测1%及2%，京东零售利润率更创新高至5.9%。该行认为，京东零售首九个月的利润稳 固，同比增34%，已超越2024财年全年的水平，并可能促使京东在新的增长领域采取积极的投资策略。 该行表示，基于京东的零售规模，并具有独特1P线上直销及市场平台模式，辅以内部仓储和供应链能 力，予其"买入"评级，美股(JD.US)目标价45美元，目标价174港元。 ...

Core Insights - The automotive industry is experiencing intense competition during the Double Eleven shopping festival, with companies employing aggressive marketing strategies to boost sales figures [1][2] - The entry of JD.com into the automotive market signifies a shift in marketing dynamics, leveraging its platform to create a new model of car sales [11][12] - The use of "small deposits" and "large deposits" by car manufacturers to inflate order numbers raises questions about the authenticity of reported sales figures [3][2] Group 1: Automotive Sales Dynamics - Monthly sales rankings in the automotive sector are highly competitive, with fewer than 40,000 units sold failing to make the top ten [1] - The trend of using "big order" and "small order" data to create hype around new car launches has become commonplace, with some companies reporting over 10,000 orders within 24 hours of a vehicle's release [2][3] - The distinction between small deposits (flexible, refundable) and large deposits (binding, non-refundable) is crucial for understanding consumer commitment and production planning [2] Group 2: JD.com's Market Entry - JD.com has launched its own vehicle, priced at 49,900 yuan for a battery rental version, aiming to compete directly with established brands like BYD [1][11] - The marketing strategy for JD.com's vehicle includes a unique collaboration model with GAC and CATL, focusing on a "platform + manufacturing + technology" approach [12] - JD.com's extensive service network, comprising over 3,000 self-operated car stores and 40,000 partner stores, enhances the customer experience from test drives to after-sales service [13] Group 3: Industry Challenges and Opportunities - The insurance market for new energy vehicles faces significant challenges, including high claim rates and difficulties in obtaining coverage, leading to losses for insurers [15][16] - Regulatory efforts are underway to improve the insurance landscape for new energy vehicles, including the introduction of a platform to prevent insurers from refusing coverage [15] - The need for a more accurate risk pricing system is emphasized as essential for making insurance affordable for new energy vehicle owners while ensuring profitability for insurers [15]

11月14日，京东集团与香港科技大学在香港宣布正式成立联合实验室，共同打造超级供应链下的人工智 能应用新标杆。京东集团SEC副主席、京东集团CEO许冉，香港科技大学首席副校长郭毅可、副校长 (研究及发展)郑光廷等出席签约仪式。 "香港科技大学–京东集团联合实验室"由港科大郑家纯机器人研究院、京东探索研究院、京东物流共同 负责，双方将聚焦智能供应链与具身智能技术，重点围绕物流、健康、零售、工业等方向展开研究攻 关。 作为一家以供应链为基础的技术与服务企业，京东所有的业务布局，都是围绕"供应链"这个核心展开。 当前，京东正基于过去二十多年积累的供应链能力，通过技术与模式创新，打造一条覆盖线上线下 的"超级供应链"，将AI等新技术应用到更多场景中，以重塑现代零售、服务、物流、工业供应链等产业 形态，完善现代化产业体系。 此外，实验室将依托京东在健康、零售、工业等领域的海量场景数据，开展跨行业融合创新。重点方向 包括：医疗健康领域的肿瘤预测与辅助诊疗、零售领域的智能电商场景构建等，同时结合多模态大模 型、边缘计算优化算法等技术，形成可复制的行业智能化解决方案，推动人工智能在更多行业深度落 地。 作为亚洲领先的研究型大 ...

Core Viewpoint - JD's Q3 financial report showcases both steady performance and unexpected surprises, indicating a potential need for the capital market to reassess the company [1][3]. Financial Performance - In Q3, JD Group reported total revenue of 299.1 billion RMB, a year-on-year increase of 14.9%, exceeding market expectations [2]. - JD Retail, a key revenue driver, generated 250.6 billion RMB in revenue, up 11.4% year-on-year, with operating profit reaching 14.8 billion RMB, a significant increase of 27.7% [2]. - Service revenue, including logistics and advertising, grew by 30.8% year-on-year, accounting for 24.4% of total revenue, marking a new high in growth rate over the past two years [2]. Retail Business Stability - Despite a challenging consumer environment, JD Retail maintained double-digit revenue growth and improved operating profit margin from 5.2% in Q3 last year to 5.9% this year [9]. - The growth in revenue and profit margin is attributed to a healthy platform ecosystem, enhanced supply chain capabilities, and improved operational efficiency across various product categories [11][12]. Drivers of Profit Growth - The three main drivers for profit growth in Q3 include: 1. Rapid growth in service revenue from commissions and advertising [11]. 2. Strengthened self-operated supply chain capabilities leading to cost reduction and efficiency [11]. 3. Changes in product category structure improving profit margins, particularly in daily necessities and supermarket categories [11][15]. New Business Development - JD's new business segment, primarily focused on food delivery, saw a revenue increase of 213.7% year-on-year, reaching 15.6 billion RMB, although it also incurred a significant operating loss of 15.736 billion RMB [16][18]. - The growth in user scale and shopping frequency, with a 40% year-on-year increase in active users and shopping frequency, is largely driven by the food delivery business [19]. Strategic Positioning - JD's strategy differs fundamentally from its competitors, focusing on a comprehensive and sustainable approach that combines online and offline retail [24][25]. - The company aims to meet both planned and impulsive shopping needs, providing a wide range of products and fast delivery, which enhances its resilience against economic fluctuations [25]. Future Outlook - JD's food delivery service is viewed as a critical component of its long-term strategy, enhancing user engagement and cross-category shopping [20][21]. - The innovative "Seven Fresh Kitchen" model is expected to differentiate JD from competitors and drive further growth in the food delivery sector [21].