Financial PerformanceJD.com reported a significant increase in revenue and profitability, with non-GAAP net profit up 24% year-over-year, exceeding consensus expectations.
Market StrategyThe home appliance trade-in program contributed to a recovery in JD.com's revenue growth, with net product revenue outperforming expectations.
Shareholder ReturnsJD remains intensely focused on shareholder return and bought back another 1.1% of its outstanding shares in Q3, bringing total share buyback to 8.1% of OS year to date.