JD.com Announced Its Financial Results for the Second Quarter of 2021 The annual number of active users reached a record high of 430 million
On August 23, China's major online shopping "JD.com" announced its financial results for the second quarter of 2021. The sales increased 26.2% from the same period of the previous year to 253.8 billion yuan (about 4.3 trillion yen), net income decreased 95.2% from the same period of the previous year to 794 million yuan (about 13.4 billion yen), and the annual number of active users increased by 27.4% from the same period of the previous year to 431.9 million, a record high. The sales by sector are as follows. Sales of the main retail sector increased 22.7% from the same period of the previous year to 232,557 million yuan (about 3,940 billion yen), and that of JD.com increased 45.7% from the same period of the previous year to 26,061 million yuan (about 440 billion yen), that of new operations, including overseas operations, increased 60.3% from the same period of the previous year to 6,963 million yuan (approximately 118 billion yen). One of the reasons for the decline in the profits is that they have invested heavily in new businesses such as their own joint purchase service for residential areas, "Jinxi Pinpin." In addition, as a major highlight of the second quarter, JD Logistics, a subsidiary of the company, was listed on the Hong Kong Stock Exchange on May 28, and recorded a record high order amount of 5.9 trillion yen in 618 sales battles. In addition, the strengthening of the alliance with the French luxury brand "LOUIS VUITTON" was mentioned.
Sources: The Company's Financial Results Announcement Material "JD.com Announced its Financial Results for the Second-quarter and Interim Results of 2021" (August 23, 2021)
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