JD.com net revenues for the second quarter of 2015 were RMB45.9 billion (US$7.4 billion), an increase of 61% YoY. Net revenues from services and others for the second quarter of 2015 were RMB3.3 billion (US$0.5 billion), an increase of 108% YoY. Net loss for the second quarter of 2015 was RMB510.4 million (US$82.3 million) and net margin was negative 1.1%.
Jingdong GMV for Q2 2015 was RMB114.5 billion (US$18.5 billion), an increase of 82% YoY. JD Mall GMV for the second quarter of 2015 increased by 92% year-over-year. Its annual active customer accounts increased by 72% to 118.0 million in the 12 months ended June 30, 2015 from 68.5 million in the 12 months ended June 30, 2014.
In Q2 2015, JD.com enhanced their mobile offering, partnered with premium international brands and expanded their JD Worldwide cross-border e-commerce initiative.
As of June 30, 2015, JD.com operated 166 warehouses in 44 cities and a total of 4,142 delivery stations and pickup stations and its delivery network covered 2,043 counties and districts. JD.com’s 211 same-day and next-day delivery program covered 135 and 951 counties and districts, respectively, as of July 31, 2015. JD.com had approximately 76,000 merchants on its online marketplace and a total of 84,322 full-time employees as of June 30, 2015.
On August 7, Jingdong entered into definitive agreements with Yonghui Superstores Co., Ltd, a leading hypermarket and supermarket operator in China. Jingdong will hold a 10% equity interest in Yonghui and have the right to nominate two directors (including one independent director) on Yonghui’s board of directors. In addition, Jingdong and Yonghui have formed a strategic partnership to strengthen supply chain management capability primarily through joint procurement, and will continue to explore development opportunities in O2O initiatives and other areas of potential strategic cooperation.
Net revenues for the third quarter of 2015 are expected to be between RMB43.2 billion and RMB44.7 billion, representing a growth rate between 49% and 54% compared with the third quarter of 2014.