Feng Huang Wang Cai Jing·2025-08-14 11:03Core Insights - JD Group reported Q2 2025 revenue of 356.7 billion RMB, a year-on-year increase of 22.4%, marking a new record for revenue growth in nearly three years [1] - Net profit for the period was 6.2 billion RMB, down from 12.6 billion RMB in the same period last year [1] - Earnings per American Depositary Share (ADS) diluted was 4.15 RMB, with basic earnings per share at 2.17 RMB [1] Financial Performance - For the six months ending June 30, 2025, JD Group achieved revenue of 657.742 billion RMB, a year-on-year increase of 19.28% [1] - Net profit attributable to ordinary shareholders was 17.068 billion RMB, a decrease of 13.68% compared to the previous year [1] Business Growth Drivers - The acceleration in revenue growth for Q2 was primarily driven by the core retail business, with most categories experiencing accelerated growth [1] - The daily necessities category saw a year-on-year revenue increase of 16.4%, while the supermarket category maintained double-digit year-on-year growth for six consecutive quarters [1] - New businesses, including JD's food delivery service, experienced significant revenue growth of 199% year-on-year [1] User Engagement - JD Group's quarterly active user count and shopping frequency both achieved over 40% year-on-year growth [1] - The quarterly active user count has seen double-digit year-on-year growth for seven consecutive quarters [1] Workforce - As of June 30, the total number of employees in the JD system was approximately 900,000 [2]