智通财经网·2025-10-14 06:28Group 1 - The core viewpoint of the report is that JD Group's total revenue for Q3 2025 is expected to grow by 12.6% year-on-year, with Non-GAAP net profit estimated at around 4.2 billion yuan [1][2] - Retail revenue is projected to maintain a double-digit growth of approximately 10%, with steady growth in daily necessities and third-party (3P) revenue [1][2] - The retail operating profit margin is expected to improve by about 0.3 percentage points year-on-year, reaching around 5.5%, driven by supply chain efficiencies and higher-margin advertising revenue [2] Group 2 - JD's Double Eleven sales event has started earlier this year, on October 9, with simplified promotional strategies aimed at providing low-priced goods to consumers [3] - The company is focusing on joint marketing efforts between e-commerce and food delivery during the promotional period [3]