JD.com saw a 11.4% rise in revenue from electronics and home appliances in Q2

On the evening of August 16, 2023, JD.com announced its second quarter and interim 2023 results. The report showed that JD achieved revenue of 287.9 billion Yuan in the second quarter of 2023, a YoY increase of 7.6%, and non-GAAP net profit 8.6 billion Yuan, a YoY increase of 31.6%. The Non-GAAP net profit margin was 3%, the highest record for the same period in history. By business segment, revenue from JD retail (including JD health and JD industrials) stood at 253.28 billion Yuan in Q2, with a profit margin of 3.2%, of which revenue from electronics and home appliances grew by 11.4% YoY, further cementing their places as the core categories of JD.com.