Investing in JD Stock

by admin

JD stock is an excellent way to invest in China’s largest e-commerce company. JD is known by many other names, including 360buy, Jingdong, and Joybuy. It has over a trillion dollars in revenue. The company offers a wide variety of products for consumers and business users worldwide.

The company operates through three segments. The JD Retail segment provides online retailing and marketing services, and the JD Logistics segment includes internal and external logistics businesses. The JD Property segment includes overseas businesses and Jingxi, a technology initiative. It also has strategic partnerships with Walmart, Shopify, and Google-owned Alphabet.

The company’s second-quarter results for fiscal 2022 showed solid growth across both the top and bottom lines. Revenue grew 5.4% year-over-year to RMB 267 billion, and net product and service revenues rose by 21.9% and 17.5%, respectively. The company expects EPS to reach $2.48 by 2024.

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