Hua Er Jie Jian Wen·2025-05-13 13:51Core Insights - JD.com reported strong Q1 performance with revenue and net profit exceeding expectations, driven by enhanced profitability in core retail and significant growth in new business revenues, including food delivery [1] - The company emphasized the rapid growth of its food delivery service, nearing 20 million daily orders, and highlighted the vast potential of the Chinese food delivery market [2][3] Retail Business Performance - JD's retail business experienced comprehensive growth, with daily essential categories maintaining double-digit growth, and both supermarket and fashion categories also achieving double-digit year-on-year growth [4] - The supermarket team has achieved double-digit revenue growth for five consecutive quarters, leveraging an efficient self-operated model and supply chain advantages [5] User Engagement and Growth - The number of purchasing users has seen double-digit growth for six consecutive quarters, with Q1 growth accelerating to over 20%, serving as a key driver for JD's revenue growth [5] AI Technology Integration - JD is actively embracing AI technology across its retail and supply chain operations, enhancing advertising algorithms and improving operational efficiency through AI applications [7] Upcoming Promotions - JD is preparing for the upcoming 618 shopping festival, launching the "Heart-Pounding Shopping Season" to meet consumer demand, with expectations for a successful sales performance driven by government consumption-boosting policies [8]