๐Ÿ‡ญ๐Ÿ‡ฐ HK 9618.HK

JD.com Inc. (9618.HK) -- Equity Research: Market Leadership & Competitive Moat, Revenue Growth & Operating Leverage

๐Ÿข JD.com Inc. โœ๏ธ Ai Alpha Lens Research ๐Ÿ“… March 27, 2026

Research Summary

JD.com Inc. delivered solid FY2025 results, with revenue of HK$1.31T and net income of HK$19.63B. The company continues to demonstrate resilience across its core business segments, supported by Internet Retail demand tailwinds and disciplined cost management. Free cash flow generation of HK$-18,114,

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