Parent company only condensed financial information (Tables)

12 Months Ended

Dec. 31, 2017

Parent company only condensed financial information

	As of December 31,
	2016		2017
	RMB		RMB		US$
					Note 2(g)
ASSETS
Current assets:
Cash and cash equivalents	6,116,574		8,964,809		1,377,866
Prepayments and other current assets	38,160		63,853		9,814
Amount due from related parties	684,510		715,671		109,997

Total current assets	6,839,244		9,744,333		1,497,677

Non-current assets:
Investment in equity investees	—		7,514		1,155
Investments in subsidiaries and VIEs	29,322,026		45,675,625		7,020,215
Investment securities	38,226		35,893		5,517
Intangible assets, net	4,615,708		3,092,549		475,316

Total non-current assets	33,975,960		48,811,581		7,502,203

Total assets	40,815,204		58,555,914		8,999,880


LIABILITIES
Current liabilities:
Accrued expenses and other liabilities	91,292		67,743		10,412

Total current liabilities	91,292		67,743		10,412

Non-current liabilities:
Unsecured senior notes	6,831,012		6,447,357		990,941

Total non-current liabilities	6,831,012		6,447,357		990,941

Total liabilities	6,922,304		6,515,100		1,001,353


SHAREHOLDERS’ EQUITY:
Ordinary shares (US$0.00002 par value; 100,000,000,000 shares authorized; 2,467,134,904 Class A ordinary shares issued and 2,384,954,010 outstanding, 471,573,995 Class B ordinary shares issued and 451,490,387 outstanding as of December 31, 2016; 2,477,346,590 Class A ordinary shares issued and 2,406,652,132 outstanding, 461,362,309 Class B ordinary shares issued and 446,011,297 outstanding as of December 31, 2017)	377		377		58
Additional paid-in capital	59,258,417		76,254,607		11,720,119
Statutory reserves	132,938		635,966		97,746
Treasury stock	(5,181,880	)	(4,457,608	)	(685,122	)
Accumulated deficit	(21,860,345	)	(22,234,609	)	(3,417,397	)
Accumulated other comprehensive income	1,543,393		1,842,081		283,123

Total shareholders’ equity	33,892,900		52,040,814		7,998,527

Total liabilities and shareholders’ equity	40,815,204		58,555,914		8,999,880

Condensed Statements of Operations and Comprehensive Loss

	For the year ended December 31,
	2015		2016		2017
	RMB		RMB		RMB		US$ Note 2(g)
Operating expenses
Marketing	(1,221,580	)	(1,218,760	)	(1,215,222	)	(186,776	)
General and administrative	(445,095	)	(577,350	)	(556,534	)	(85,538	)

Loss from operations	(1,666,675	)	(1,796,110	)	(1,771,756	)	(272,314	)
Share of income/(loss) of subsidiaries, consolidated VIEs and VIEs’ subsidiaries	(7,520,216	)	(1,948,761	)	1,717,151		263,924
Interest income	143,757		55,373		66,848		10,274
Interest expense	—		(164,910	)	(260,756	)	(40,077	)
Others, net	(64,806	)	47,618		96,256		14,794

Net loss	(9,107,940	)	(3,806,790	)	(152,257	)	(23,399	)

Net loss attributable to ordinary shareholders	(9,107,940	)	(3,806,790	)	(152,257	)	(23,399	)


Net loss	(9,107,940	)	(3,806,790	)	(152,257	)	(23,399	)
Other comprehensive income:
Foreign currency translation adjustments	953,573		943,616		(822,052	)	(126,347	)
Net change in unrealized gains/(losses) on available-for-sale securities:
Unrealized gains/(losses), nil of tax	(238,852	)	(78,792	)	1,473,014		226,398
Reclassification adjustment for (gains)/losses recorded in net income, nil of tax	216,230		123,743		(352,274	)	(54,144	)

Net unrealized gains/(losses) on available-for-sale securities	(22,622	)	44,951		1,120,740		172,254

Total other comprehensive income	930,951		988,567		298,688		45,907

Total comprehensive income/(loss)	(8,176,989	)	(2,818,223	)	146,431		22,508

Condensed Statements of Cash Flows

	For the year ended December 31,
	2015		2016		2017
	RMB		RMB		RMB		US$ Note 2(g)

Net cash provided by/(used in) operating activities	169,018		(33,756	)	(105,219	)	(16,172	)

Cash flows from investing activities:
Maturity of short-term investments	6,367,600		—		—		—
Purchases of investment securities	(92,090	)	—		—		—
Cash received from disposal of investment securities	—		16,440		—		—
Receipts from / (prepayments and investments in) subsidiaries, consolidated VIEs and VIEs’ subsidiaries	(5,380,720	)	(3,364,402	)	2,359,092		362,585
Prepayments and investments in equity investees	—		—		(7,646	)	(1,175	)
Loans provided to JD Finance	(314,940	)	(369,570	)	(31,161	)	(4,789	)

Net cash provided by/(used in) investing activities	579,850		(3,717,532	)	2,320,285		356,621


Cash flows from financing activities:
Repurchase of ordinary shares	—		(5,338,274	)	—		—
Purchase of capped call options	—		(2,007,100	)	—		—
Proceeds from settlement of capped call options	—		1,463,218		737,501		113,352
Proceeds from issuance of ordinary shares pursuant to stock plans	75,713		82,396		135,745		20,864
Proceeds from unsecured senior notes, net of discount and debt issuance costs	—		6,355,969		—		—

Net cash provided by financing activities	75,713		556,209		873,246		134,216


Effect of exchange rate changes on cash and cash equivalents	(10,834	)	369,104		(240,077	)	(36,899	)

Net increase/(decrease) in cash and cash equivalents	813,747		(2,825,975	)	2,848,235		437,766
Cash and cash equivalents at beginning of year	8,128,802		8,942,549		6,116,574		940,100

Cash and cash equivalents at end of year	8,942,549		6,116,574		8,964,809		1,377,866