JD’s new business segments, including overseas business

Dada, JD Industrial Development, and Jingxi, achiev revenue of 4.97 billion yuan during the reporting period, a year-on-year decline of 25.7%.

Therefore, JD.com focuses more on its second JD’s new business segments core business segment, JD Logistics. In the third quarter of 2024, JD Logistics’ revenue increas to 44.4 billion yuan, a year-on-year increase of 6.6%. Its adjust net profit reach 2.57 billion yuan, a year-on-year increase of 205.1%, and its gross profit margin increas from 7.9% to 11.7%, creating a new high since its listing.

But it is worth noting that the growth rate of JD Logistics performance has slow down significantly

The subsequent interconnection may help vp security email lists JD Logistics increase its revenue level and growth rate. JD has now fully connect to the Taobao Tmall platform, and many Taobao Tmall merchants have chosen JD Logistics as their service provider.

However, the competition of Internet platforms for traditional e-commerce and other businesses is no longer limit to the current size, growth rate and profitability. Technological innovation is the next stage of their competition.

Continue to increase investment and bet on “AI”

As competition in e-commerce both at home and abroad is fierce, more and more large companies are beginning to turn their attention to the cloud computing track.

Among Alibaba’s products, Alibaba Cloud how to generate leads was the first to bear the brunt. It achiev revenue of 29.61 billion yuan this quarter, an increase of 11.5% from the previous quarter. This is also the fourth consecutive quarter that Alibaba Cloud has achiev an increase in growth rate. In this quarter, Alibaba Cloud’s adjust EBITA profit reach 2.661 billion yuan, an increase of 89% year-on-year.

According to Alibaba’s financial report

The growth in cloud intelligence revenue JD’s new business segments came from mobile lead double-digit growth in public cloud business, among which AI-relat product revenue achiev triple-digit year-on-year growth for five consecutive quarters.

Alibaba said in its financial report, “In the future, Alibaba Cloud will continue to invest in customer growth and technology, especially artificial intelligence infrastructure, to promote the penetration of AI cloud computing and consolidate Alibaba Cloud’s market leadership.