At the same time, JD.com announced its new logo and mascot. It is partly owned by Tencent , which has a 20% stake in the company.
…
JD.com.
| Corporate headquarters in Beijing | |
|---|---|
| Total equity | CN¥245.572 billion (US$38.536 billion, 2021) |
| Owner | Liu Qiangdong (15.8%) Walmart (10.1%) Tencent (2.3%) |
Similarly, Is Alibaba bigger than JD?
JD is now trading at close to four times the forward PE ratio of Alibaba. This is despite the fact that both the companies had similar revenue growth. Alibaba still holds a significant lead in e-commerce market share, cloud business, membership and is more diversified than JD.
How does JD make money? Revenue streams
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.
Thereof, Is JD a marketplace?
JD.com Marketplace
JD.com’s marketplace platform enables well-established, reliable third-party sellers to sell products directly to customers via the JD.com website and mobile channels.
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 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.
Is JD Com a good buy?
Since October 2021, SA authors have rated JD stock as a ‘Buy’ or ‘Strong Buy’. The consensus rating by Wall Street analysts is ‘Strong Buy’, the same for the quant rating for JD. JD’s ‘Strong Buy’ quant rating came despite scoring D+ for valuation. Its C+ grade for growth is also a deterioration from three months ago.
Why is Alibaba dropping?
Shares of Alibaba Group Holding ( BABA -4.54% ) slid 2.4% in afternoon trading Friday, as of 1 p.m. ET, after two separate investment banks lowered their price targets on the Chinese e-commerce giant in response to a weak earnings report.
Who is JD biggest competitor?
JD Sports’s top competitors include Academy Sports + Outdoors, Zumiez, Skechers and Cole Haan. JD Sports Fashion engages in the retail of branded sports fashionwear and outdoor clothing and equipment.
Why is JD so popular?
JD Sports says factors behind its success include the high regard that brands have for it and a shared vision of an “elevated marketplace” built on long-term brand collaborations. International expansion – through five acquisitions in North America and beyond – helps it to build brand relationships.
Where do JD Sports get their stock from?
JD Sports is a nationwide retail giant with a history stretching back 40 years. The Bury-headquartered group employs around 54,000 people and its shares are traded on the London Stock Exchange.
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 does JD stand for?
Key Takeaways. The American law degree, called a Juris Doctor (JD), is a three-year professional degree. Law school applicants must already have a bachelor’s degree. It typically takes three years to complete the J.D. degree, after which the graduate must pass the bar exam to practice law.
Is JD com a buy?
Since October 2021, SA authors have rated JD stock as a ‘Buy’ or ‘Strong Buy’. The consensus rating by Wall Street analysts is ‘Strong Buy’, the same for the quant rating for JD.
What does JD stand for?
JD wasn’t always that big. It started out as a small brick and mortar store in Beijing, founded in 1998 by Richard Liu. Then in 2004, Liu moved it online and JD.com, short for Jingdong, was born.
Is JD a good long term stock?
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.
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.
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.
Is JD Com A Buy Sell or Hold?
JD.com has received a consensus rating of Buy. The company’s average rating score is 2.69, and is based on 11 buy ratings, 2 hold ratings, and 2 sell ratings.
Is JD overvalued?
The Bottom Line. The bottom line is that JD.com stock isn’t especially overvalued, but expectations for future growth are already included in share prices. That fact, in conjunction with potential volatility due to changes in the regulatory environment, makes JD.com a less desirable choice at this time.
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