JD.com Shares Surge on Robust Performance and Strategic Moves

As China’s economy demonstrates renewed vigor, JD.com stands out as a prime beneficiary among the nation’s e-commerce giants. The company is not only experiencing a substantial stock market rally but also reporting impressive growth metrics within its core operations. However, is this current optimism grounded in more than just transient economic improvements?

The recent surge in JD.com’s valuation is supported by concrete quarterly performance, moving beyond mere market sentiment. The company’s latest figures provide substantial reasons for investor confidence:

• Revenue from its core retail business expanded by 20.6 percent
• The burgeoning food delivery segment witnessed explosive growth of 199 percent
• Active customer accounts climbed by over 40 percent, reaching a new... Read more...