Express News | AerCap Holdings NV: Aircraft Will Be Operated on Behalf of JD Logistics, Subsidiary of JD.com

ReutersJun 12 07:01 ET

[Brokerage Focus] Haitong Securities maintains a 'outperform' rating on jd.com (09618), stating that its superstore category revenue exceeds industry growth.

Jd.com (09618) achieved an income of 260 billion yuan in 1Q24, a year-on-year increase of 7.0% according to the Haitong Securities Research Institute. Non-GAAP net income reached 8.9 billion yuan, an increase of 12.66% year-on-year. Specifically, 1) First-party business: Supermarket category revenue increased rapidly, achieving 8.6% growth rate above the industry, and revenue from electric brand categories increased by 5.3%; The bank believes that, benefiting from reforms in the procurement and sales system and category optimization, the gross margin for 1Q24 was 15.29%, an increase of 0.47 percentage points over the same period last year. 2) Third-party business: the number of third-party merchant stores has exceeded one million, and the 'Spring Morning Plan' festival...

金吾財訊Jun 11 05:15 ET

[Brokerage Focus] Citic Sec points out that the overall growth rate of consumer large-cap is flat, but the e-commerce large-cap is exhibiting significant excess growth.

Jingu Financial Information | Citic Securities stated that the e-commerce platform game continues. In the first quarter of 2024, the social and physical e-commerce ratio increased by 4.7%/11.6% year-on-year, and the overall consumption market growth was relatively flat. However, the e-commerce market showed a significant excess growth rate. The bank believes that the head platforms strengthen customer acquisition and price competition may push the online rate to accelerate in stages throughout the year. On the platform side, in the first quarter, Douyin and PDD Holdings (PDD US) GMVs still showed a significant excess growth rate, while Alibaba (09988) and JD.com (09618) growth rates rebounded. Both Taotian and JD.com actively reduced the monetization rate in the first quarter in order to pursue GMV growth,

金吾財訊Jun 11 03:37 ET

Chinese E-Commerce Logistics Index Rises in May

The Chinese e-commerce logistics index increased 0.7 points month on month to 113.9 points in May, according to data from the China Federation of Logistics and Purchasing and JD.com (HKG:9618). Total

MT NewswiresJun 6 03:51 ET

Hang Seng Index Likely to Consolidate Between 18500-20000 Near Term

0642 GMT - Hong Kong's Hang Seng Index is likely to consolidate between 18500 and 20000 in the near term, according to CCB International analysts Cliff Zhao and Wilson Zou in a research note. They say

WSJJun 5 02:42 ET

jd.com (09618) has reached a global strategy cooperation with Inditex Group. Its subsidiary brand, Massimo Dutti, officially settled in during the 618 period.

On June 3, JD.com (09618) reached a global strategic cooperation agreement with Inditex, one of the world's largest fashion retail groups, which owns seven brands, including ZARA, Massimo Dutti, Oysho, and ZARA HOME, with business operations spanning over 200 markets worldwide. During JD.com's 618 event, the Massimo Dutti brand officially settled in and opened its official flagship store on JD.com, bringing nearly a thousand commodities covering categories such as men's and women's clothing, accessories, and more.

金吾財訊Jun 3 04:47 ET