JD.com managed to contain pressure on its revenue while recording strong growth in its net result, according to Drapers. For the three-month period ended 30 June 2026, the group's revenue stood at RMB346.4 billion (£37.85 billion), down on the previous year.
At the same time, operating result reached RMB4.5 billion (£518.5 million). Net profit attributable to ordinary shareholders is said to have risen to RMB7.1 billion (£5.2 billion) for the second quarter of 2026, compared with RMB6.2 billion (£4.59 billion) a year earlier, according to figures reported by Drapers.
Sandy Xu, chief executive of JD.com, says that despite headwinds on revenue, the growth in net profit marks a clear inflection in the group's profitability trajectory. She explains that this improvement was mainly driven by the solid profitability of the JD retail business and by the continued reduction of losses at JD food delivery.
A retailer in the midst of international expansion
JD.com is China's largest retailer by revenue. The group was originally founded in 2004 as a retailer of electronics and digital products.
It was revealed in May that JD.com was considering a potential £2 billion acquisition of Very Group, as part of its efforts to strengthen its presence in the UK market.
