JD(US:JD) Zhong Guo Ji Jin Bao·2025-08-14 13:29Core Insights - JD Group reported a strong revenue growth of 22.4% year-on-year for Q2 2025, reaching 356.7 billion RMB (approximately 49.8 billion USD), marking the highest growth rate in nearly three years [1][2][5]. Revenue Performance - The daily consumer goods category saw a revenue increase of 16.4% year-on-year, with the supermarket category maintaining double-digit growth for six consecutive quarters [5]. - Service revenue grew by 29.1% year-on-year, while the new business segment, driven by JD's food delivery service, experienced a significant revenue increase of 199% year-on-year [5]. User Engagement - The number of active users and shopping frequency both exceeded 40% year-on-year growth, with active user numbers achieving double-digit growth for seven consecutive quarters [5]. - JD's CEO highlighted that the growth in user traffic, active users, and purchase frequency was primarily due to the robust performance of the core retail business and the food delivery service [5]. Profitability - JD's retail revenue grew by 20.6% year-on-year, with an operating profit margin of 4.5%, the highest recorded for any promotional quarter in the company's history [5]. Future Outlook - The CEO expressed confidence that the core retail business will remain the foundation of JD's operations, with plans to continue expanding into new growth areas according to long-term strategic planning [5]. Food Delivery Business - JD's food delivery service achieved a daily order volume exceeding 25 million, with plans to establish 10,000 "Seven Fresh Kitchen" locations nationwide within three years [5][6]. - The food delivery service currently covers 350 cities and has over 1.5 million quality restaurant partners, creating a comprehensive service network [6]. Employment and Social Responsibility - As of June 30, 2025, JD's workforce totaled approximately 900,000, with over 4,000 disabled individuals employed [7]. - JD is set to open 35,000 positions for its 2026 campus recruitment and has launched a program to recruit global tech talent [7].