JD.com revenue growth accelerates, but profits hit by new business expansion

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JD.com revenue growth accelerates, but profits hit by new business expansion

TechNode Feed 19/08/2025 08:22

JD.com reported its fastest revenue growth in three years in the second quarter, buoyed by government subsidies and stronger demand for electronics, but profits fell sharply as the company poured money into food delivery and other new businesses. The e-commerce giant posted revenue of 356.66 billion yuan ($49.4 billion…

TechNode
JD.com reported its fastest revenue growth in three years in the second quarter, buoyed by government subsidies and stronger demand for electronics, but profits fell sharply as the company poured money into food delivery and other new businesses. The e-commerce giant posted revenue of 356.66 billion yuan ($49.4 billion…
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