JD Rides on User Growth: Can Retail & Food Delivery Drive More Gains?
ZACKSยท2025-09-26 17:26Key Takeaways QAC growth jumped over 40% in Q2 2025, hitting a new milestone for JD.com's user base.JD Plus members boosted shopping frequency by 50%, showing strong loyalty and spend.Food delivery is becoming a daily-use driver, reinforcing JD's retail momentum.JD.com's (JD) accelerating user growth is emerging as a powerful driver for both its core Retail business and New Businesses such as Food Delivery. In the second quarter of 2025, robust gains in user traffic, quarterly active customers (QAC) and sho ...