京东：Expecting inline 3Q revenue growth with upside coming from bottom line

15 Oct 2024 CMB International Global Markets | Equity Research | Company Update JD.com (JD US) Expecting inline 3Q revenue growth with upside coming from bottom line We expect JD to deliver inline-with-Bloomberg consensus revenue growth and a better-than-expected non-GAAP net profit for 3Q24, aided by efficient cost control, and a YoY increase in revenue contribution from services revenue. Amid improving consumption sentiment since September, and benefiting from the implementation of home appliance trade-in ...