As per TipRanks analyst rating consensus, JD stock is a Strong Buy. Out of 15 analyst ratings, there are 14 Buy recommendations and one Hold recommendation.
Similarly, Is JD better than Alibaba?
Alibaba has a major advantage over JD due to the rapidly growing cloud business which has an annualized revenue rate of over $12 billion and expanding margins. The recent valuation jump of JD Health and JD Logistics also shows the long-term potential of similar businesses of Alibaba.
Who owns JD com stock? After the distribution, U.S. retail giant Walmart (WMT) will become JD.com’s largest shareholder, with a 9.3% stake. Tencent started to invest in JD.com in 2014, helping the group compete with China’s e-commerce leader Alibaba (9988.
Thereof, Is JD com profitable?
Net Revenues.
For the full year of 2021, JD.com reported net revenues of RMB951. 6 billion (US$149.3 billion), representing a 27.6% increase from the full year of 2020. Net product revenues increased by 25.1%, while net service revenues increased by 44.7% for the full year of 2021, as compared to the full year of 2020.
How many warehouses does JD Com have?
JD.com also leverages a network of over 1,300 warehouses with a total of over 24 million square meters, including warehouse space of cloud warehouses managed under the JD Logistics Open Warehouse Platform.
Is JD Com the Amazon of China?
JD is basically the Amazon of China and with China’s economy on the rise presents an interesting investment opportunity. JD’s growth continues to explode and they now operate a logistical network with over 1,000 warehouses with a reach that exceeds 21 million square meters.
Who is JD in China?
Introduction to JD.com
JD.com is China’s largest online retailer and its biggest overall retailer, as well as the country’s biggest Internet company by revenue.
Who is the largest shareholder of JD com?
Top 10 Owners of JD.Com Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| Tiger Global Management LLC | 4.02% | 3,109,307,126 |
| Invesco Advisers, Inc. | 1.26% | 979,021,743 |
| D1 Capital Partners LP | 0.95% | 733,910,060 |
| Dodge & Cox | 0.81% | 622,984,960 |
What type of company is JD com?
As a technology-driven company, JD.com builds reliable and scalable platforms that bring value to partners and customers in sectors such as e-commerce, logistics, Internet finance, cloud computing and smart technology. The company was founded in 2004 in Beijing by CEO, Richard Liu.
Is Tencent owned by China?
Tencent Holdings Ltd., also known as Tencent (腾讯), is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen.
What do analysts say about JD com?
JD.Com Inc (NASDAQ:JD)
The 43 analysts offering 12-month price forecasts for JD.Com Inc have a median target of 90.63, with a high estimate of 121.24 and a low estimate of 34.79. The median estimate represents a +39.12% increase from the last price of 65.15.
Why did JD Com drop today?
Shares of JD.com ( JD 2.11% ) were falling today after the Chinese e-commerce giant reported fourth-quarter earnings this morning. Though the results were solid overall, revenue growth dropped to its slowest pace in six quarters, and broader fears about slowing economic growth in China seemed to weigh on the stock.
Is JD sports a buy?
JD Sports Fashion has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Is JD from China?
JD com was founded on June 18, 1998 by Qiang Dong Liu and is headquartered in Beijing, China.
What is a fully automated warehouse?
Fully automated warehouses are logistics facilities that make use of automated handling equipment and conveying systems to optimize the performance of operations, including truck loading and unloading. Automated warehouses do away with standard forklifts and minimize the presence of operators inside them.
What does JD company do?
As a technology-driven company, JD.com builds reliable and scalable platforms that bring value to partners and customers in sectors such as e-commerce, logistics, Internet finance, cloud computing and smart technology. The company was founded in 2004 in Beijing by CEO, Richard Liu.
How does JD com make money?
JD.com’s main source of revenue is the Online Retail business. The company also generates revenue through the advertising and logistic services it renders to third-party vendors on its marketplace.
How is JD different from Alibaba?
JD’s objective is directed towards the B2C side of e-commerce and this is the one that is compared to Amazon.com not Alibaba because, Alibaba is focused on a business strategy that empowers people to sell, thereby creating an ecosystem of buyers and sellers.
Is JD bigger than Alibaba?
Alibaba is expected to control 50.8% of the market this year, according to eMarketer, as JD claims 15.9%. However, JD is actually China’s largest direct retailer in terms of revenue, since its first-party marketplace takes on its own inventories.
Does Tencent own JD com?
The JD.com stake is part of Tencent’s portfolio of listed investments valued at $185 billion as of Sept. 30, including stakes in e-commerce company Pinduoduo (PDD. O), food delivery firm Meituan (3690.HK), video platform Kuaishou (1024.HK), automaker Tesla (TSLA. O) and streaming service Spotify (SPOT.
Join TheMoney.co community and don’t forget to share this post !
