v3.26.1
Related party transactions (Tables)
 12 Months Ended
Dec. 31, 2025
Related party transactions  
Schedule of the major related parties and their relationships with the Group
The table below sets forth the major related parties and their relationships with the Group as of December 31, 2025:
 
Name of related parties
   
Relationship with the Group
JD Technology
    An investee of the Group, and controlled by the Founder
Property Funds    Investees of the Group
Schedule of the major related party transactions
(a)
The Group entered into the following transactions with the major related parties:
 
    
For the year ended

December 31,
  
    
2023
     
2024
     
2025
  
    
(RMB in millions)
  
Revenues:
         
Services provided and products sold to JD Technology
      1,696        1,701        1,779  
Services provided to Property Funds
      177        208        210  
Cost of revenues and operating expenses:
         
Payment processing and other services received from JD Technology
      13,833        13,693        15,511  
Lease and property management services received from Property Funds
      1,681        1,765        1,843  
Other income:
         
Interest income from loans provided to JD Technology
      287        —  *       14  
Interest income from loans provided to Property Funds
      56        48        42  
 
*
Absolute value is less than RMB1 million or US$1 million.
Schedule of the major related party balances
(b)
The Group had the following balances with the major related parties:
 
    
As of December 31,
  
    
2024
     
2025
  
    
(RMB in millions)
  
Due from/(to) JD Technology
      
Loans provided to JD Technology
(1)
     —         673  
Other (payables to)/receivables from JD Technology
      (1,170 )       456  
Due from Property Funds
      
Loans provided to Property Funds
(1)
     2,457        656  
Other receivables from Property Funds
      1,837        134  
  
 
 
     
 
 
  
Total
      3,124        1,919  
  
 
 
     
 
 
  
 
(1)
In relation to the loans provided to JD Technology and Property Funds, the Group charged JD Technology and Property Funds interests, and cash flows resulted from the loans were presented within investing activities in the consolidated statements of cash flows.