JD.com (NASDAQ:JD), a leading e-commerce platform, announced robust financial results for the first quarter of 2024, with a notable 7% increase in net revenues totaling RMB260 billion (US$36 billion).

The company also reported a significant improvement in its operational efficiency, with income from operations rising to RMB7.7 billion (US$1.1 billion), up from RMB6.4 billion in the same period last year.

Adjusted non-GAAP income from operations saw an even larger increase, from RMB7.9 billion in the first quarter of 2023 to RMB8.9 billion (US$1.2 billion) in the first quarter of 2024.

Net income for the quarter grew to RMB7.1 billion (US$1 billion), compared to RMB6.3 billion in the previous year.

Additionally, diluted net income per ADS experienced a robust 15.3% increase, rising to RMB4.53 (US$0.63).

CFO Ian Su Shan attributed the company's success to its continued commitment to delivering top product quality, competitive pricing, and excellent customer service.