JD Had A Net Income Of 239.7 Billion Yuan And A Net Loss Of 3 Billion Yuan In The First Quarter

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On May 17, JD group (NASDAQ: JD, HKEx: 9618) released the results of the first quarter of 2022, with a net income of 239.7 billion yuan, an increase of 18% year-on-year, including a net service income of 35.2 billion yuan. The income of logistics and other services is close to the income of platform and advertising services. The infrastructure built by JD for a long time plays a more important role.

JD group explained that due to the continuous investment in infrastructure, technology research and development, employee compensation and welfare, full support for anti epidemic protection in Shanghai and other places, and full support for partners to reduce the impact of the epidemic and transfer profits to consumers, JD group had a net loss of 3 billion yuan in the first quarter of 2022. (the non operating loss in the first quarter reached 3.9 billion yuan, mainly due to the change of dada's share price before the completion of the acquisition, resulting in a loss of 3.6 billion yuan.)

As of March 31, 2022, the number of active purchase users of JD group in the past 12 months has reached 580.5 million.

JD Logistics Had A Q1 Revenue Of 27.4 Billion Yuan And A Net Loss Of 1.386 Billion Yuan In 2022
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