Xin Jing Bao·2025-08-15 03:29Core Insights - JD Group reported a record revenue of 356.7 billion yuan (approximately 49.8 billion USD) for Q2 2025, marking a year-on-year growth of 22.4%, the highest growth rate in nearly three years [1] - The core retail business showed accelerated growth, with most categories experiencing significant increases, particularly the fresh food category, which saw a 16.4% year-on-year revenue growth [1] - Service revenue grew by 29.1% year-on-year, indicating strong performance in new business segments [1] Financial Performance - For Q2 2025, JD Group's net profit attributable to ordinary shareholders was 6.2 billion yuan (approximately 0.9 billion USD), while the non-GAAP net profit was 7.4 billion yuan (approximately 1 billion USD) [2] - The retail segment generated 310.1 billion yuan in revenue, a 20.6% increase year-on-year, with an operating profit of 13.9 billion yuan and an operating margin of 4.5%, setting a record for promotional quarters [2] - During the 618 shopping festival, JD's online and offline orders exceeded 2.2 billion, with significant growth in electronics, home appliances, and fashion categories [2] Business Development - JD's new business, particularly the food delivery service, saw a remarkable revenue increase of 199% year-on-year [2] - The food delivery service achieved over 25 million daily orders and expanded its coverage to 350 cities, with over 1.5 million quality restaurants onboard [3] - JD plans to build 10,000 "Seven Fresh Kitchen" locations nationwide within three years, with significant interest from potential partners [3] Share Buyback Plan - JD Group announced a share buyback plan of up to 5 billion USD, valid until August 2027, with approximately 807 million A-shares repurchased for a total of about 1.5 billion USD as of June 30, 2025 [3] - The remaining amount under the buyback plan is 3.5 billion USD [3]