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Segment reporting (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of the Group's operating segment results |
|  | For the year ended December 31, |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | (RMB in millions) |
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |
JD Retail |  |  | 929,929 |  |  |  | 945,343 |  |  |  | 1,015,948 |
JD Logistics |  |  | 137,402 |  |  |  | 166,625 |  |  |  | 182,837 |
New Businesses |  |  | 29,809 |  |  |  | 26,617 |  |  |  | 19,157 |
Inter-segment eliminations (1) |  |  | (50,904 | ) |  |  | (53,923 | ) |  |  | (59,123 | )
Total consolidated net revenues |  |  | 1,046,236 |  |  |  | 1,084,662 |  |  |  | 1,158,819 |
Less: cost of revenues: |  |  |  |  |  |  |  |  |  |  |  |
JD Retail |  |  | (791,396 | ) |  |  | (798,380 | ) |  |  | (847,917 | )
JD Logistics |  |  | (127,612 | ) |  |  | (154,494 | ) |  |  | (164,689 | )
New Businesses |  |  | (26,307 | ) |  |  | (21,004 | ) |  |  | (15,109 | )
Inter-segment eliminations (1) |  |  | 46,295 |  |  |  | 49,053 |  |  |  | 52,844 |
Less: operating expenses (2) : |  |  |  |  |  |  |  |  |  |  |  |
JD Retail |  |  | (103,681 | ) |  |  | (111,038 | ) |  |  | (126,954 | )
JD Logistics |  |  | (9,262 | ) |  |  | (11,126 | ) |  |  | (11,831 | )
New Businesses |  |  | (11,298 | ) |  |  | (7,102 | ) |  |  | (7,413 | )
Inter-segment eliminations (1) |  |  | 4,609 |  |  |  | 4,870 |  |  |  | 6,279 |
Income/(loss) from operations |  |  |  |  |  |  |  |  |  |  |  |
JD Retail |  |  | 34,852 |  |  |  | 35,925 |  |  |  | 41,077 |
JD Logistics |  |  | 528 |  |  |  | 1,005 |  |  |  | 6,317 |
New Businesses |  |  | (6,417 | ) |  |  | (329 | ) |  |  | (2,865 | )
Including other segment items: Gain on sale of development properties (Note 17) |  |  | 1,379 |  |  |  | 2,283 |  |  |  | 1,527 |
Impairment of long-lived assets |  |  | — |  |  |  | (1,123 | ) |  |  | (1,027 | )
Total segment income from operations |  |  | 28,963 |  |  |  | 36,601 |  |  |  | 44,529 |
Unallocated items (3) |  |  | (9,240 | ) |  |  | (10,576 | ) |  |  | (5,793 | )
Total consolidated income from operations |  |  | 19,723 |  |  |  | 26,025 |  |  |  | 38,736 |
Share of results of equity investees |  |  | (2,195 | ) |  |  | 1,010 |  |  |  | 2,327 |
Interest expense |  |  | (2,106 | ) |  |  | (2,881 | ) |  |  | (2,896 | )
Others, net |  |  | (1,555 | ) |  |  | 7,496 |  |  |  | 13,371 |
Total consolidated income before tax |  |  | 13,867 |  |  |  | 31,650 |  |  |  | 51,538 |
(1) | The inter-segment eliminations mainly consist of revenues from supply chain solutions and logistics services provided by JD Logistics to JD Retail, on-demand delivery and retail services provided by Dada to JD Retail and JD Logistics, and property leasing services provided by JD Property to JD Logistics. Transactions between segments are mainly determined based on the arm’s length basis. Among them, net revenues generated from the services provided by JD Logistics to other reportable segments were RMB48,261 million, RMB50,063 million and RMB55,062 million for the years ended December 31, 2022, 2023 and 2024, respectively. Other than that, inter-segment net revenues for JD Retail and New Businesses were not material. All net revenues from each reportable segment were generated from external customers except for the inter-segment net revenues mentioned above.
(2) | A summary of depreciation and amortization expenses for the years presented is as follows ：
|  | For the year ended December 31, |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | (RMB in millions) |
JD Retail |  |  | (799 | ) |  |  | (594 | ) |  |  | (978 | )
JD Logistics |  |  | (3,521 | ) |  |  | (4,346 | ) |  |  | (4,650 | )
New Businesses |  |  | (1,699 | ) |  |  | (2,071 | ) |  |  | (2,266 | )
(3) | A summary of unallocated items for the years presented is as follows ：
|  | For the year ended December 31, |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | (RMB in millions) |
Share-based compensation |  |  | (7,548 | ) |  |  | (4,804 | ) |  |  | (2,999 | )
Amortization of intangible assets resulting from assets and business acquisitions |  |  | (1,217 | ) |  |  | (1,281 | ) |  |  | (1,010 | )
Effects of business cooperation arrangements |  |  | (475 | ) |  |  | (446 | ) |  |  | (450 | )
Impairment of goodwill |  |  | — |  |  |  | (3,143 | ) |  |  | (799 | )
Impairment of intangible assets |  |  | — |  |  |  | (902 | ) |  |  | (535 | )
Total |  |  | (9,240 | ) |  |  | (10,576 | ) |  |  | (5,793 | )

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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