news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

News on August 15th,JD.comThe Group [NASDAQ: JD, HKEX: 9618 (HKD counter) and 89618 (RMB counter)] released its second quarter and interim results for 2024. In the second quarter, JD Group's revenue reached RMB 291.4 billion (approximately US$40.1 billion), compared with RMB 287.9 ​​billion in the same period last year and the market expectation of RMB 290.508 billion. Revenue in the first half of the year reached RMB 551.4 billion (approximately US$75.9 billion), continuing to grow.

The financial report shows that the adjusted net profit in the second quarter was 14.5 billion yuan, a year-on-year increase of 69.0%, and the net profit margin reached 5.0% for the first time, both of which significantly exceeded market expectations; the net profit attributable to ordinary shareholders was 12.6 billion yuan, a year-on-year increase of 92.1%.

In the second quarter, logistics and other service revenue reached RMB 34.1 billion, a year-on-year increase of 7.9%. As of the second quarter, JD Logistics' non-GAAP operating profit has been profitable for five consecutive quarters, and the non-GAAP operating profit margin in the second quarter hit a record high since JD Logistics went public.

As of the second quarter, JD.com has added more than 20,000 jobs in the past year. In early August, JD.com launched its 2025 campus recruitment, which will provide more than 16,000 jobs for college students. In the past three years, JD.com has provided more than 50,000 jobs for college students.

"In the second quarter, we continued to focus on the sustainable and high-quality development of our business," said Ms. Xu Ran, CEO of JD Group. "We continue to strengthen our supply chain capabilities and user experience, helping JD establish differentiated capabilities in China's e-commerce industry. Through the continuous improvement of scale effects and procurement efficiency, we provide users with everyday low prices while ensuring quality. Combined with the increasingly prosperous platform ecology, these developments have been recognized by users. The number of users grew steadily in the second quarter, and user engagement continued to improve. In the future, we will continue to focus on our own advantages, focusing on user experience, price competitiveness and platform ecology, laying the foundation for sustainable business growth." (Yicheng)

This article is from NetEase Technology Report. For more information and in-depth content, follow us.