Sou Hu Cai Jing·2025-05-15 03:38Group 1 - JD Group reported a strong Q1 2025 performance with revenue reaching 301.1 billion RMB, a year-on-year increase of 15.8%, surpassing market expectations of 289.44 billion RMB and achieving the highest growth rate in nearly three years [2] - Net profit attributable to ordinary shareholders was 10.9 billion RMB, up 52.7% year-on-year, while non-GAAP net profit was 12.8 billion RMB, reflecting a 43.4% increase [2] - New business revenue, including the food delivery segment, reached 5.753 billion RMB, showing a significant year-on-year growth of 18.1% [2] Group 2 - The Chinese food delivery market reached a scale of 1.1 trillion RMB in 2022, with a compound annual growth rate exceeding 20% from 2018 to 2022, and the user base grew by 26.83% to 520 million [3] - JD's entry into the food delivery market in February 2025 focuses on high-quality dine-in restaurants, with a commitment to limit net profits to no more than 5% to avoid excessive competition among restaurant owners and delivery personnel [3] - Currently, Meituan and Ele.me dominate the market with over 90% share, while JD still lags behind in terms of merchant numbers and category coverage, but has the potential to capture market share with its unique strategies [3]