The group released its unaudited results in the second quarter of this year, which is also the first financial report of JD after its “secondary listing” in Hong Kong. According to the financial report, the net income of Jingdong group in the second quarter was 2011 billion yuan, an increase of 33.8% year-on-year, exceeding the market expectation of 190.622 billion yuan; under non-U.S. accounting standards, the net profit attributable to shareholders of listed companies reached 5.9 billion yuan, up 66.1% year-on-year. On the financial report conference call, Xu Lei, CEO of Jingdong retail, said that the good performance of June 18 was due to the suppression of demand in the first quarter, so it achieved a great rebound in the second quarter. In addition, he said that Jingdong cooperation with Kwai is one of the typical cases of Jingdong’s supply chain opening. In the second half of this year, the company will continue to push the opening of the entire supply chain and further strengthen the industrial belt of the sinking market. < / P > < p > from the perspective of growth, the second quarter is the highest growth rate of Jingdong’s net income in recent years, and it is also the first time that the company has achieved net income of more than 200 billion yuan in a single quarter. In the first half of the year, Jingdong’s commodity revenue increased by 27.3%, of which the income of electronic products and household appliances increased by 17.92%, while the revenue of daily necessities increased by 42.11% due to the impact of the epidemic, and the service income increased by 33.5%, including 22.67% in platform and advertising services, and 22.67% in logistics and other services Business income increased by 55.42% year on year. < / P > < p > it is worth noting that JD recorded a net profit of 16.4 billion yuan in the second quarter, significantly higher than that of 600 million yuan in the same period of last year, of which the operating profit was 5.04 billion yuan, and the investment profit and loss accounted by equity method was 4.0 billion yuan. The substantial increase in income was mainly due to the confirmation of diluted income of 4.1 billion yuan (US $600 million) after the initial public offering of dada group; interest income of 538 million yuan; and other net income The other net increases were mainly due to changes in the fair value of securities investment. < p > < p > this year’s June 18 e-commerce promotion Festival is the first shopping festival promoted by the e-commerce industry after the outbreak of the new crown epidemic. The total amount of orders placed on the Jingdong platform reached 269.2 billion yuan, an increase of 33.6% year-on-year, which contributed to the company’s performance. Xu Lei, CEO of Jingdong retail, said that the success achieved on June 18 this year was related to the suppression of social consumption by the epidemic in the first quarter of this year. In the third quarter, the performance of air conditioning products was not as good as that of the same period in previous years, which was mainly affected by weather and real estate policies. He mentioned that in the second half of the year, JD will continue to promote the opening of the entire supply chain and further strengthen the industrial belt with a sinking market. Novel coronavirus pneumonia affected the
in the first quarter. The number of active users of Jingdong increased significantly. The first quarter increased 25 million active users, creating a new growth rate of users in the off-season. < / P > < p > in the second quarter, the number of active users of JD continued to grow. According to the financial report, as of June 30, this year, the number of active purchasing users of JD in the past 12 months reached 4174.4 million, with an increase of 30 million in a single quarter. The growth rate of 29.9% year-on-year also reached a new high in nearly 11 quarters. In addition, in June 2020, the average daily number of active users of Jingdong mobile terminal increased by 40% compared with the same period last year. < / P > < p > “the unit price of new users who just enter a platform will be lower, but through our operation, the shopping frequency of users has been optimized.” Xu Lei said on the conference call that many users of Jingxi, a social e-commerce platform, also tend to consume from Jingdong’s main station after spending for a period of time. Although the overall number of merchants in Jingxi is lower than that in the main station, the activity is higher than that in the main station. < / P > < p > the sinking market is one of the driving forces for the growth of JD users in recent years. Wang Zhenhui, CEO of Jingdong Logistics, said that the large supermarket will be a very important category that Jingdong Logistics has paid attention to in recent years. At the same time, JD logistics will sink its warehouse to the low-level market, so that customers can better accept Jingdong Logistics and better serve customers.
Kwai Kwai mentioned Jingdong cooperation with the fast hand, Xu Lei said that the cooperation between the two sides is one of the typical cases of Jingdong’s supply chain opening. “Fast hand is the traffic field that brands are very concerned about. The brand side is very happy to promote with Kwai Tong on the fast track.” On the eve of 6 / 18 this year, Jingdong and Kwai Yue announced a strategic cooperation and jointly launched “double billion subsidy”. It is reported that Jingdong and Kwai Tong launched a special shopping quality sales data show that the single day live goods sales amounted to 1 billion 420 million yuan. On June 18, JD successfully listed on the main board of the stock exchange of Hong Kong, raising HK $34.558 billion, a record fundraising record of this year’s HKEx. As of the end of August 17, the shares of JD group-sw (HK: 09618) closed at HK $242.6, up 7.35% from the offering price. In addition to the secondary listing of Jingdong group in Hong Kong, the recent actions of its subsidiaries in the capital market are also quite active: dada group, which owns nearly 50% of the shares of JD, landed on NASDAQ in June; Jingdong Logistics purchased cross express group with RMB 3 billion; and Jingdong Electric Appliance Co., Ltd. realized the wholly-owned holding of Five Star appliance. < p > < p > Jingdong Digital Technology Co., Ltd. also began to rush to be listed on the science and technology innovation board. In June this year, JD digital signed a listing guidance agreement with its sponsor to go to the science and technology innovation board. At the same time, Jingdong group announced that it had reached an agreement with JD digital. The former will exercise the equity conversion right on the profit sharing right of jd.com as agreed in the framework agreement in 2017, and make an additional investment of 1.78 billion yuan in cash to satisfy the Chinese people The minimum requirement of registered capital required by the law of the people’s Republic of China, thus holding 36.8% of the equity of Jingdong Shuke. < / P > < p > in the financial report, JD announced that the group’s subsidiary Jingdong health and Hillhead capital signed a final agreement on the financing of the b-round non redeemable preferred shares of JD health. Hillard capital expects to invest more than $830 million. The transaction needs to meet the conventional delivery conditions. After the delivery, Jingdong group will remain the controlling shareholder of JD health. The delivery is expected to be completed in the third quarter of 2020. Jingdong health had previously reported that it intended to list on the Hong Kong stock exchange, raising as much as $1 billion, but it declined to comment. < p > < p > Xu Lei said on the conference call that the epidemic has greatly improved the penetration rate of Jingdong’s health and changed the way users ask for information. “Residents and young people in the first and second tier cities have a higher acceptance of online medical consultation.”