The quarterly results show “resilient and high-quality operations,” CEO Sandy Xu said. JD.com reported better-than-expected results in the second quarter as the Chinese e-commerce titan made steady progress in narrowing losses at its food-delivery business. The online retailer is in recovery mode after its costly entry into China’s highly competitive food-delivery market a year and a half ago. Aggressive investments to capture market share have hit its bottom line hard, briefly pushing JD.com into a loss late last year before it returned to a profit at the start of 2026.

The Beijing-based company on Thursday said net profit was 7.13 billion yuan, equivalent to $1.06 billion, for the three months ended June. That rose 15% from a year earlier and was 40% higher than the previous quarter. Excluding share-based compensation and fair‑value changes of long‑term investments, among other items, adjusted net profit was 8.93 billion yuan, up 21% from a year ago.

The food-delivery segment, once a significant drag, is now cutting losses thanks to improved operational efficiency and strategic partnerships. JD.com’s continued investment in AI-driven logistics and customer data analytics is expected to sustain this positive trend moving forward.

This rebound bolsters investor confidence.