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<Research>Citi Expects JD.com (JD.US) Last Quarter's Results to Meet Expectations
Recommend 4 Positive 12 Negative 1 |
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Citi released a report covering JD.com (JD.US), which was expected to announce its 3Q25 results in mid-November. The broker anticipated JD's total revenue to increase by a low-tee percentage YoY, roughly in line with consensus, while adjusted net profit may meet or slightly top market expectations. Entering 4Q25, facing the Double 11 seasonal promotions, the broker expected JD to ramp up its investment budget to cross-promote core retail and quick commerce, while the home appliance business will face a tough YoY comparison base of a 2.5% downfall. Citi maintained a Buy rating on JD.com's ADR with a target price of US$44. AASTOCKS Financial News Website: www.aastocks.com |
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