Accounts receivable, net (Tables)

12 Months Ended

Dec. 31, 2025

Accounts receivable, net consist of the following:


	As of December 31,
	2024			2025
	(RMB in millions)
Logistics receivables		13,797			13,715
Online retail and online marketplace receivables (*)		13,206			14,310
Advertising receivables and others		658			1,397

Accounts receivable		27,661			29,422
Allowance for doubtful accounts		(2,065	)		(2,089	)

Accounts receivable, net		25,596			27,333

(*)

The accounts receivable in relation to consumer financing business is included in online retail and online marketplace receivables. As JD Technology performs credit risk assessment services for the individuals and purchases the

past-due

receivables from the Group at carrying values to absorb the risks and obtain the returns from such financing arrangements, no allowance for doubtful accounts in relation to consumer financing receivables was provided.

Schedule of movements in the allowances for doubtful accounts

The movements in the allowance for doubtful accounts are as follows:


	For the year ended December 31,
	2023			2024			2025
	(RMB in millions)
Balance at beginning of the year		(1,582	)		(1,888	)		(2,065	)
Additions		(542	)		(376	)		(739	)
Write-off		236			199			715

Balance at end of the year		(1,888	)		(2,065	)		(2,089	)