Published on 28 May 2024 on Benzinga
By Lau Chi Hang
On her one-year anniversary running the show at e-commerce giant JD.com Inc JD, CEO Xu Ran gave investors a honeymoon gift in the form of strong first-quarter results, led by a 7% revenue rise to 260 billion yuan ($35.95 billion). She delivered even stronger profit growth of nearly 13% to 7.1 billion yuan, and non-GAAP profit growth of 17% to 8.9 billion yuan.