Double-digit growth
JD.com’s total sales reached 356.7 billion Chinese yuan (about 49.8 billion euros) in the second quarter, up 22.4% compared to last year. With this, the company not only exceeded expectations, but also achieved the highest annual growth rate in the past three years. Within the core business, electronics and household appliances recorded sales growth of 23.4%, general goods increased by 16.4%. The supermarket division showed double-digit year-on-year growth for the sixth consecutive quarter. Service sales also rose solidly by 29.1%.
New business segments are increasingly contributing to the results. Worth mentioning is JD Food Delivery, the delivery service via the JD app that already has more than 1.5 million sellers and more than 150,000 regular delivery customers. Both the number of active customers and purchase behavior per customer increased by more than 40% year-on-year, continuing to grow for seven consecutive quarters.
