|Bid||24.300 x 1400|
|Ask||24.310 x 1800|
|Day's Range||24.01 - 24.88|
|52 Week Range||19.21 - 49.00|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||165.78|
|Earnings Date||Feb 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.42|
Chinese e-commerce company JD.com is taking its drone delivery system to Japan. Rakuten, the Japanese e-commerce giant, just announced a partnership with JD that will see its drones and unmanned vehicles become a part of Rakuten's own unmanned delivery service efforts. JD has been operating drones in its native China for a number of years, and it has wider expansion plans having recently gained a regional-level operating license.
Has Trump Managed to Breach the Great Wall of China?(Continued from Prior Part)TrumpAccording to Reuters, citing two unnamed sources, US and China “Negotiators are drawing up six memorandums of understanding on structural issues: forced technology
An Update on Alibaba’s Recent Acquisitions(Continued from Prior Part)Alibaba to buy a stake in Metro Alibaba (BABA) is in advanced talks to buy a stake in the Chinese operations of Germany’s Metro, three sources recently told Reuters. The deal,
Is Trump’s Obsession with Markets an Advantage for China?Markets US President Donald Trump apparently sees market performance as a reflection of his personal performance. On several occasions, Trump has boasted of the market’s performance to
Must-Read Updates on Shopify, JD, and Pinduoduo(Continued from Prior Part)Pinduoduo launches a subsidy program Pinduoduo (PDD), a rising star in China’s e-commerce industry, is planning to spend more than $73 million this year on a subsidy program
Must-Read Updates on Shopify, JD, and Pinduoduo(Continued from Prior Part)JD CEO and wife going strong? JD.com (JD) founder and CEO Richard Liu and his wife, Zhang Zetian, have neither separated nor considered divorce, according to a report from the
Must-Read Updates on Shopify, JD, and Pinduoduo(Continued from Prior Part)Facility to host JD’s research team JD.com (JD) purchased a five-star hotel facility near one of China’s technology hubs, according to reports from Chinese media outlets.
Kudos to JD.com (NASDAQ:JD) for trying, directly and indirectly. But Alibaba (NYSE:BABA) isn't even close to being dethroned as China's king of e-commerce. Alibaba is as secure there as Amazon (NASDAQ:AMZN) is in North America.A couple of thousand miles south of China, though, it's a considerably different story. While its market is arguably less ready there than in other parts of the world, owners of JD.com stock can celebrate the fact that it's JD rather than Alibaba shaping the future of e-commerce in Indonesia and its geographical neighbors.It's certainly not the proverbial big Kahuna that China is. It's an opportunity for JD, however, that's bigger and better than most investors may realize.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Not AlibabaThe comparisons to Alibaba are understandable. Both were built on the back of burgeoning Chinese consumerism and bolstered by the advent of accessible internet service.JD and Alibaba aren't quite cut from the same cloth, however. Alibaba is a middleman, mostly, connecting buyers and sellers through its online Tmall platform, while JD.com stock is increasingly an investment in a retail logistics solutions provider. The two entities overlap to be sure, but they operate distinct business models. * 10 Hot Stocks Leading the Market's Blitz Higher The differences hardly end there, however. Unlikely to make a dent in Alibaba's dominance in China, JD.com has turned its focus southward, largely starting with Indonesia.The strategy started quietly taking shape in 2017 with a $100 million investment in then-startup ride-hailing service Go-Jek. Later that year, the company shelled out $500 million to develop Thailan-based fintech and e-commerce solutions. Last year it opened a cashierless store in Jakarta -- a la Amazon -- and just a few days later launched JD.ID, which is a virtual store-shopping experience. Indonesia consumers "shop" remotely using digital banners placed in a public space, and the ordered goods are delivered to that person's home.Alibaba has competed for access to the Indonesian market as well, pouring a total of $4 billion into Lazada as of early last year. Lazada is an e-commerce site established to serve the Indonesia market. Amazon even continues trying to carve out a piece of the southeast Asian market, using Indonesia as something of a toehold, committing $1.3 billion worth of investments there late last year.It's JD, however, that appears to fully have its finger on the pulse of the region's consumers even if Lazada is the biggest traffic draw. On the VergeIt's a smart move.As the growth of China's consumer class starts to cool, Indonesia's is still heating up. Last year's e-commerce spending in Indonesia reached $13 billion, according to Morgan Stanley, after growing at an annualized pace of 50% for the past two years. By 2023, the figure could exceed more than $50 billion. That would make it a bigger opportunity than frequently lauded India.It's not a terribly difficult outlook to fathom. Of the country's 264 million residents, only 195 million of them currently use smartphones, and only 30 million of them are online shoppers. The figures leave room for rapid growth, not unlike the evolution China's consumers made just a few years prior.Indonesia is also setting the standard, and pace, for neighboring countries' e-commerce industries to follow.The few JD.com stock holders that have been following the solidification of southeast Asia's e-commerce market will also likely know Indonesian authorities recently imposed new rules on companies doing business in the country. Operators will now pay income tax on profits earned there, and shoppers will pay a value-added tax on goods purchased. It's a development that could crimp the country's e-commerce growth right as it's hitting full stride.It's also a development, however, that may not weigh much on JD.com.As was noted, JD increasingly aims to become a logistics service provider rather than just a middleman, offloading some of that new burden to product and service providers. Indeed, almost as if scripted, Accenture managing director Mohammed Sirajuddeen said just last month that the one stumbling block preventing Indonesia's e-commerce market from soaring to a $300 billion industry by 2025 was its poor logistics network. * Top 7 Semiconductor ETFs to Buy Now The problem plays right into the logistics-minded hand JD.com is holding. Looking Ahead for JD.Com StockJD.com is anything but a pure play on Indonesia, to be clear. Indeed, it's not even a pure play on the underserved and budding southeast Asian market. The future value of JD.com stock still greatly depends on how well it serves China's retailers.Nevertheless, JD's work and strategy in Indonesia has to be respected. The nickels and dimes Alibaba and Amazon are largely overlooking outside of China will soon be quarters, so to speak, and in some cases, a full dollar bill. Just as Alibaba and Amazon are tough to compete with where they're well established, JD.com will be tough to topple where it's making a point of establishing its new roots.It's a detail that will only become a bigger part of the JD stock story going forward.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post JD.com Stock Set for a Long-Term Boost From Focus on Indonesia appeared first on InvestorPlace.
Kaola, owned by Nasdaq-listed NetEase Inc, sells apparel, household appliances and other products, and is the biggest among Chinese shopping sites that focus on imported goods, followed by Tmall Global and JD Worldwide, according to a report from consulting agency iiMedia. It buys goods directly from overseas manufacturers and last year it imported more than 5,000 brands from 80 countries.
US-China Trade Dispute: Huddle Continues as Soft Deadline NearsUS-China trade disputeAccording to Reuters, citing China’s Ministry of Commerce, “Chinese Vice Premier Liu He will visit Washington on Thursday and Friday to continue trade
JD.com Inc, one of China's largest e-commerce sites, will lay off 10 percent of its senior executives this year, Chinese online media outlet Sina Tech reported on Tuesday, citing unnamed sources. The cuts were announced at the company's annual party last week, the report said, adding that JD.com, which has nearly 100 senior executives, had confirmed the planned layoffs. The layoffs come during a broader slowdown in China's tech sector, wherein start-ups are vying for shrinking pools of venture capital and established companies are looking for new revenue opportunities as growth plateaus.