JD.com Quarterly Sales Beat Expectations but Food Delivery Foray Slices Profit

JD.com quarterly sales beat expectations but food delivery foray slices profit

The Beijing-based firm reported sales of US$49.7 billion for the quarter ended June, about 6 per cent above projections.

JD.com’s Revenue Climbs After Costly Foray Into Food Delivery

JD.com Inc.’s revenue grew a faster-than-anticipated 22% in the June quarter, benefiting from government-directed consumer subsidies as well as an aggressive drive into new arenas such as meal delivery.

JD.com Q2 Revenue Growth Hits Highest Since 2022, But Net Profit Halves YoY Amid Heavy New Business Investment - YT FINANCE

JD.com’s revenue in Q2 of 2025 surged 22.4% year-on-year to RMB 356.66 billion, the fastest pace in three years, fueled by robust electronics and home appliance sales under China’s consumer goods trade-in subsidies and the rapid expansion of its food delivery business.

JD, Vipshop, & Weibo Beat Estimates In Q2, NetEase Misses Slightly - China Last Night

JD.com Q2 Earnings Overview Revenue +22% to RMB 356.7B ($49.7B) versus estimate RMB 335.5B ($46.8B) Net Income RMB 5.6B ($0.8B) Margin 1.6% Earnings per Share (EPS) RMB 5.0 ($0.7) versus estimate RMB 3.8 ($0.5) JD.com beat estimates on both top-line revenue and bottom-line net income. The revenue surge was mainly driven by strong growth from instant commerce, mainly through promotions. The net income hit was not as bad as expected, though it di…