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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On May 17, JD logistics released its performance report for the first quarter of 2022. The financial report showed that in the first quarter of this year, the revenue of JD logistics reached 27.4 billion yuan, of which the revenue of external customers accounted for nearly 60%, and the number of customers in the external integrated supply chain increased by nearly 20% year-on-year. The net loss in the first quarter was 1.386 billion yuan, compared with 11.069 billion yuan in the same period last year

According to the financial report, as of March 31, 2022, JD logistics has operated about 1400 warehouses nationwide. Including the management area of cloud warehouse ecological platform, the total storage network management area of JD logistics exceeds 25 million square meters.

JD logistics explained the reasons for the loss in the financial report, due to its continuous investment in logistics infrastructure, supply chain technology research and development, front-line staff salary and welfare, as well as its full participation in the anti epidemic protection and supply in Shanghai and other places to help businesses return to work and production.

JD logistics also announced that Ma Yueyin will assume a new position in JD group and has submitted to resign as the company's chief financial officer (CFO), effective from May 17, 2022.

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