JD.com reported strong fourth-quarter 2024 financial results, exceeding market expectations. Revenue rose by 13.4% year-over-year to RMB 347.0 billion (USD 47.5 billion), surpassing estimates of RMB 332.4 billion. Adjusted EBITDA reached RMB 12.5 billion, beating the RMB 11.2 billion estimate, while free cash flow surged to RMB 23.5 billion from RMB 13.3 billion a year earlier. Operating income was RMB 8.5 billion, with an operating margin of 2.4%. The company achieved its first double-digit revenue growth since 2022, driven by a 14.7% increase in retail revenue to USD 42.1 billion and a 10.4% rise in logistics revenue to USD 7.13 billion. JD Logistics' adjusted net profit nearly tripled to RMB 7.9 billion (USD 1.09 billion), with revenue climbing 7.9% to RMB 182.8 billion (USD 25.2 billion). Adjusted EPS for the quarter was USD 1.02, beating the USD 0.90 estimate. JD.com also raised its dividend from USD 0.76 to USD 1.00 per American Depositary Share (ADS) and repurchased 8% of its outstanding shares in 2024. The company attributed its performance to rebounding consumer sentiment and strong execution of strategic priorities, as highlighted by CEO comments expressing optimism for 2025. The stock rose 5.5% in premarket trading following the earnings announcement.