JD.com's second-quarter 2025 financial report reveals total revenue of RMB 356.7 billion, marking a 22.4% year-over-year increase. Despite this growth, the company incurred an operating loss of RMB 900 million, primarily attributed to heightened strategic investments in emerging businesses, notably food delivery. The retail segment sustained its upward trajectory, with electrical product categories benefiting from state subsidy policies. Nonetheless, the substantial investments in new ventures have widened the loss margin. The daily food delivery order volume has surged to 25 million, supported by a fleet of over 150,000 riders. Amidst intensifying competition, JD.com aims to refine its strategies, enhance operational efficiency, and stay committed to its long-term objectives. Concurrently, the company is forging ahead in logistics, offline retail, and international markets, while maintaining steady growth in R&D investments and workforce expansion.