JD Logistics Inc

02618: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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JD Logistics Earnings: Results Largely in Line; Increasing Customers' Wallet Share

Chelsey Tam

Aug 15, 2025

JD Logistics' average revenue per external customer grew 3% in the second quarter, versus an 8% decline in the first quarter. The number of external integrated supply chain customers rose 4% sequentially. Non-IFRS profit rose 7% year on year in the first half.

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JD Logistics Inc

JD Logistics Earnings: Results Largely in Line; Increasing Customers' Wallet Share

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