Compared with Pinduoduo and Alibaba, there is still room for improvement in the number of active users in JD.com.
According to the financial report, in Q2 2022, JD.com (JD:NASDAQ) achieved operating revenue of CNY 267.6 billion (USD 38.9 billion), up 5.4% year-on-year and net profit of CNY 4.376 billion, up 451.13% year-on-year.
JD.com is divided into four segments: JD.com Retail, JD.com Logistics, Dada and new business. JD.com's revenue is mainly derived from JD.com Retail. In Q2, JD.com Retail's operating revenue was CNY 241.557 billion, up 3.87% year-over-year, and operating profit was CNY 8.173 billion, up 36.51% year-over-year.
In terms of new businesses such as JD Development and Jingxi, JD.com's new business operating income was CNY 6.265 billion, down 10.02% year-over-year, but operating loss was narrowing. In Q2 2022, JD.com's new business operating loss was CNY 2.032 billion, narrowing 32.72% year-over-year.
In terms of users, JD.com had 580.8 million active users for the last twelve months, an increase of 9.2% from 531.9 million in the same period of the previous year. This growth rate slowed down compared to previous quarters. In addition, JD.com PLUS membership reached another record high in July 2022, having surpassed 30 million.
This company's competitors include Pinduoduo (PDD:NASDAQ) and Alibaba (BABA:NYSE).