Robust Revenue Growth
Total revenues were up 16% year-on-year, with healthy growth across all major revenue streams. Electronics and home appliances revenue increased by 17% and general merchandise revenue by 15%.
Significant Profit Increase
Non-GAAP net profit increased by 43% year-on-year to RMB 12.8 billion, with net margin expanding by 82 basis points to 4.2%.
User Growth and Engagement
Quarterly active customer numbers were up double digits year-on-year, with increased shopping frequency and ARPU. JD also recorded double-digit growth in shopping frequency and ARPU.
Strong Momentum in New Business
JD's new business, including food delivery, turned around to positive growth of 18% year-on-year, with food delivery order volume nearing 20 million orders.
Successful Shareholder Returns
JD completed a cash dividend payout of USD 1.44 billion and repurchased 80.7 million Class A ordinary shares, equivalent to 2.8% of shares outstanding.