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Alibaba rose 7%, Pinduoduo climbed nearly 10%, and JD.com moved up by about 11%. The People’s Bank of China unveiled a range of monetary stimulus measures in a last-ditch effort to revive the ...
E-commerce is experiencing substantial growth in China. According to a World Economic Forum report from earlier this year that cited data from Statista and eMarketer, Chinese e-commerce made up ...
The retail market in China is experiencing a significant boom in sales. According to the National Bureau of Statistics in China, this market was worth RMB 39 trillion last year. The online retail ...
The move -- in contrast with rival Alibaba's stock's tumble today -- is in response to the company's surprisingly solid second-quarter results. JD.com is earning its way back into investors' favor
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For perspective, the stock trades at a price-to-sales (P/S) and price-to-earnings (P/E) ratio of 0.3 and 12.3, respectively, significantly lower than its five-year average of 1 and 81.6.
In the early days, JD had to compete mainly with Alibaba to grow its market share. In recent years, ... After reaching its all-time-high price in 2021, JD's stock has gone nowhere but down. Its ...
Alibaba stock gained 37% in the last 30 days. JD is up over 66%, Baidu 33% and PDD 65%. The upcoming holiday shopping season also poses a tailwind for e-commerce stocks.