Recent Updates — JD
JD.com reported second quarter 2026 net revenues of RMB346.4 billion (US$51.1 billion), a decrease of 2.9% year-over-year, driven by a high base effect in product sales. Operating income turned positive at RMB4.5 billion compared to a loss of RMB0.9 billion in the prior year period, with non-GAAP operating margin expanding to 1.6%. Net income attributable to ordinary shareholders rose to RMB7.1 billion from RMB6.2 billion, and diluted net income per ADS increased to RMB5.01 (US$0.74). The company repurchased approximately US$1.0 billion of shares in the first half of 2026 under its existing program. Additionally, JD.com disclosed a regulatory fine of approximately RMB635 million imposed by the State Administration for Market Regulation regarding food safety compliance deficiencies among third-party sellers. JD.com operates as a leading supply chain-based technology and service provider in China's e-commerce sector.