v3.25.1
Principal activities and organization (Tables)
12 Months Ended
Dec. 31, 2024
Principal activities and organization  
Schedule of percentage of legal ownership in major subsidiaries, VIEs and VIEs' subsidiaries
As of December 31, 2024, the Company’s major subsidiaries, consolidated VIEs and consolidated VIEs’ subsidiaries are as follows:
 
    
Equity
interest held
  
Place and date of incorporation
Subsidiaries
     
Beijing Jingdong Century Trade Co., Ltd. (“Jingdong Century”)
   100%    Beijing, China, April 2007
Jiangsu Jingdong Information Technology Co., Ltd.
   100%    Jiangsu, China, June 2009
Shanghai Shengdayuan Information Technology Co., Ltd.
   100%    Shanghai, China, April 2011
JD Logistics Holding Limited
   63%    Hong Kong, China, August 2011
Jingdong Technology Group Corporation
   100%    Cayman Islands, November 2011
JINGDONG Property, Inc.
   75%    Cayman Islands, January 2012
JD Logistics, Inc.
   63%    Cayman Islands, January 2012
Jingdong
E-Commerce
(Trade) Hong Kong Co., Ltd.
   100%    Hong Kong, China, February 2012
JD.com International Limited
   100%    Hong Kong, China, February 2012
Beijing Jingdong Shangke Information Technology Co., Ltd. (“Beijing Shangke”)
   100%    Beijing, China, March 2012
Chongqing Jingdong Haijia
E-commerce
Co., Ltd. (“Chongqing Haijia”)
   100%    Chongqing, China, June 2014
JD.com Investment Limited
   100%    British Virgin Islands (“BVI”), January 2015
JD Asia Development Limited
   75%    British Virgin Islands, February 2015
Suqian Hanbang Investment Management Co., Ltd.
   100%    Jiangsu, China, January 2016
Jiangsu Xinchuan Hailian Supply Chain Management Co., Ltd. (formerly known as Xi’an Jingxundi Supply Chain Technology Co., Ltd.)
   63%    Jiangsu, China, May 2017
JD Assets Holding Limited
   100%    Cayman Islands, March 2018
JD Property Holding Limited
   100%    Cayman Islands, March 2018
Beijing Wodong Tianjun Information Technology Co., Ltd. (“Beijing Wodong Tianjun”)
   100%    Beijing, China, May 2018
JD Health International Inc.
   67%    Cayman Islands, November 2018
JD Jiankang Limited
   100%    British Virgin Islands, April 2019
JD Industrial Technology Limited
   100%    British Virgin Islands, October 2019
JINGDONG Industrials, Inc.
   78%   Cayman Islands, November 2019
Jingdong Logistics Supply Chain Co., Ltd.
   63%    Jiangsu, China, June 2020
Jiangsu Huiji Space Technology Co., Ltd.
   100%    Jiangsu, China, March 2019
JD Sunflower Investment Limited
   100%    British Virgin Islands, February 2016
Windcreek Limited
   100%    British Virgin Islands, January 2016
Dada Nexus Limited
   63%   Cayman Islands, July 2014
Consolidated VIEs
     
Beijing Jingdong 360 Degree
E-commerce
Co., Ltd. (“Jingdong 360”)
      Beijing, China, April 2007
Jiangsu Yuanzhou
E-commerce
Co., Ltd. (“Jiangsu Yuanzhou”)
      Jiangsu, China, September 2010
Jiangsu Jingdong Bangneng Investment Management Co., Ltd. (“Jingdong Bangneng”)
      Jiangsu, China, August 2015
Xi’an Jingdong Xincheng Information Technology Co., Ltd. (“Xi’an Jingdong Xincheng”)
      Shaanxi, China, June 2017
Suqian Hanyu Technology Co., Ltd. (“Suqian Hanyu”)
      Jiangsu, China, December 2024
Consolidated VIEs’ Subsidiaries
     
Beijing Jingbangda Trade Co., Ltd. (“Beijing Jingbangda”)
      Beijing, China, August 2012
Suqian Juhe Digital Enterprise Management Co., Ltd.
(“Suqian Juhe”)
        Jiangsu, China, June
2020
Schedule of consolidated financial information
The following table sets forth the assets, liabilities, results of operations and changes in cash, cash equivalents, and restricted cash of the consolidated VIEs (where appropriate, the term “VIEs” also refers to its subsidiaries as a whole) structured by the Contractual Agreements, which have eliminated the intercompany transactions within the consolidated VIEs:
 

 
  
As of December 31,
 
 
  
2023
 
  
2024
 
 
  
(RMB in millions)
 
Total assets
     81,301        85,451  
Total liabilities
     74,855        71,509  
 

 
  
For the year ended December 31,
 
 
  
2022
 
  
2023
 
  
2024
 
 
  
(RMB in millions)
 
Total net revenues
     134,516        145,795        166,067  
Net income
     1,137        2,503        6,263  
 

 
  
For the year ended December 31,
 
 
  
2022
 
  
2023
 
  
2024
 
 
  
(RMB in millions)
 
Net cash provided by operating activities
     5,434        3,291        10,968  
Net cash provided by/(used in) investing activities
     (4,498      3,324        (3,482 )
 
Net cash used in financing activities
     (1,306      (900      (9,782 )
  
 
 
    
 
 
    
 
 
 
Net increase/(decrease) in cash, cash equivalents, and restricted cash
     (370      5,715        (2,296 )
Cash, cash equivalents, and restricted cash at beginning of year
     5,560        5,190        10,905  
  
 
 
    
 
 
    
 
 
 
Cash, cash equivalents, and restricted cash at end of year
     5,190        10,905        8,609