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

Aug 14, 2025

JD.com’s revenue grew a faster-than-anticipated 22 per cent in the June quarter, benefiting from government-directed consumer subsidies as well as an aggressive drive into new arenas such as food delivery. The Nasdaq-listed shares of China’s top online retailer by revenue rose about 1 per cent in pre-market US trading. The Beijing-based company reported sales of 356.7 billion yuan (US$49.7 billion) for the quarter ended June 30, about 6 per cent above projections. Net income halved to 6.2...

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