Categories Earnings, Retail

Key highlights from JD.com (JD) Q2 2020 earnings results

JD.com (NASDAQ: JD) reported Q2 2020 earnings results today.

Net revenues increased 33.8% to RMB 201.1 billion, or $28.5 billion, year-over-year.  

Net income attributable to ordinary shareholders was RMB 16.4 billion, or $2.3 billion, compared to RMB 0.6 billion last year. Adjusted net income rose 66.1% to RMB 5.9 billion, or $0.8 billion.

Net income per ADS was RMB10.47, or $1.48, versus RMB0.36. Adjusted net income per ADS was RMB 3.51, or $0.50.  

Last week, JD.com announced that its subsidiary, JD Logistics, will acquire a controlling stake in delivery services company Kuayue Express for RMB3 billion. The deal is expected to close in the third quarter of 2020.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Kraft Heinz reports Q2 earnings: Infographic

The Kraft Heinz Company (NASDAQ: KHC) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The food company reported Q2 revenue of $6.62 billion, down 0.5% year-over-year

GM Earnings: Key quarterly highlights from General Motors Q2 financial results

General Motors Co. (NYSE: GM) reported second quarter 2021 earnings results today. Total revenue rose to $34.2 billion from $16.8 billion in the same period last year. GAAP net income

CVS Health Corp. (CVS) Earnings: 2Q21 Key Numbers

VS Health Corporation (NYSE: CVS) reported second-quarter 2021 earnings results today. Total revenues increased 11.1% to $72.6 billion compared to the same period last year, driven by growth across all

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top