What happened Shares of China-based e-commerce company JD.com (NASDAQ: JD) shot higher on Friday, rising as much as 10.8%. The stock's gain follows JD.com's better-than-expected first-quarter results. But worries about the ongoing trade negotiations between the U.S. and China offset some of this gain, and shares finished the trading day up 2.4%. Image source: Getty Images. So what JD.com reported revenue of 121.1 billion Chinese renminbi (RMB), or $18 billion. This revenue was up 21% year over year in local currency. Non-GAAP net income soared 215% year over year. Non-GAAP earnings per American depository shares (ADS) for the first quarter were 2.23 RMB, or $0.33. Both of these figures beat analysts' average forecast for revenue and non-GAAP earnings per share of $17.7 billion and $0.12, respectively. "We delivered solid revenue growth in a seasonally low quarter and set new records across all major earnings metrics," said JD.com CFO Sidney Huang in the company's first-quarter earnings call. So what Management was optimistic about what's ahead for the company. "We will continue to invest in key technologies and top industry talent as we work to reach an even broader customer base through cutting edge innovation," said JD.com CEO Richard Liu in the company's first-quarter earnings release. "With our growing scale and increasingly efficient operations, JD.com remains well positioned to deliver strong shareholder value for the long term." For its second quarter, JD.com guided for revenue to rise 19% to 23% year over year in local currency. 10 stocks we like better than JD.comWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and JD.com wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019Daniel Sparks has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends JD.com. The Motley Fool has a disclosure policy.Source