JD.com Inc ADR
JD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #^ | LOCK|@PbFG | LOCK|z?t<l> |
JD.com Earnings: Strong Retail Performance Offset by Food Delivery Losses; Valuation Maintained
JD.com's EBIT declined CNY 11.4 billion year on year to a loss of CNY 859 million in the quarter, primarily due to increased investment in its food delivery business. JD is confident that food delivery will drive long-term growth in users, gross merchandise volume, and profits.
