智通财经网·2026-01-14 07:33Group 1 - The core viewpoint of the article indicates that JPMorgan forecasts JD Group's revenue for Q4 of last year to grow by 2% year-on-year, slightly better than their previous prediction of 1% [1] - The report suggests that JD's comprehensive product and platform marketing revenue pressure is lower than expected, with projected revenue growth exceeding 10% year-on-year [1] - JD's adjusted net profit for the period is estimated to be around 1 billion RMB [1] Group 2 - JPMorgan has slightly adjusted JD's revenue forecast for this year to a 4% year-on-year increase, driven mainly by growth in non-electronic products and home appliances [1] - The adjusted earnings per share have been modified to reflect Alibaba's commitment to instant retail market share and JD's plans to accelerate its international business, particularly Joybuy in Europe [1] - Following these updates, JPMorgan anticipates JD's adjusted earnings per share growth rate to be approximately 20% annually by 2026 [1]