On the afternoon of November 14th Beijing time, JD.com released its third quarter report for 2024 as of September 30th, with a net revenue of 260.4 billion yuan, a year-on-year increase of 5.1%. The net profit attributable to common shareholders was 11.7 billion yuan, a year-on-year increase of 47.8%. According to the US Generally Accepted Accounting Principles, the net profit attributable to common shareholders was 13.2 billion yuan, a year-on-year increase of 23.9%.
In the third quarter, JD's retail revenue was 224.986 billion yuan (approximately 32.06 billion US dollars), compared to 212.059 billion yuan in the same period of 2023.
JD Logistics' revenue was 44.396 billion yuan (approximately 6.326 billion US dollars), compared to 41.663 billion yuan in the same period of 2023.
The new business revenue is 4.97 billion yuan (approximately 708 million US dollars). And in the same period of 2023, it was 6.685 billion yuan. Offsetting between divisions amounted to 13.965 billion yuan (approximately 1.989 billion US dollars), compared to 12.709 billion yuan in the same period of 2023.
In the third quarter, JD's net product revenue was 204.613 billion yuan (approximately 29.157 billion US dollars), a year-on-year increase of 4.8%. Among them, the revenue from electronic products and household appliances was 122.56 billion yuan (approximately 17.465 billion US dollars), an increase of 2.7% compared to 119.316 billion yuan in the same period of 2023. The revenue from daily necessities was 82.053 billion yuan (approximately 11.692 billion US dollars), an increase of 8.0% compared to 75.988 billion yuan in the same period of 2023.
In the third quarter, JD's net service revenue was 55.774 billion yuan (approximately 7.948 billion US dollars), an increase of 6.5% compared to 52.394 billion yuan in the same period last year.