JD released Q2 and H1 report 2020

JD posted net revenue of 201.1 billion RMB in Q2, up by 33.8% year-on-year, the fastest growth in ten quarters. It was the first time the company’s quarterly net revenue exceeded 200 billion RMB, according to the company’s Q2 and H1 report released on August 17, 2020.  For the first half of 2020, the number of active users on JD.com hit 400 million milestone for the first time to reach 417.4 million, with a quarterly rise of 29.9% year-on-year of 30 million, the fastest growth in 11 quarters. In terms of R&D, JD invested 7.54 billion RMB in H1, the biggest R&D investment of local companies for multiple consecutive quarters.