JD (Update)

JD.com Shs Sponsored American Deposit Receipt Lev III Repr 2 Shs -A-

TMT, Consumer


Presented:03/22/2018
Price:$42.51
Cap:$60.63B
Current Price:$40.16
Cap:$54.83B

Presented

Date03/22/2018
Price$42.51
Market Cap$60.63B
Ent Value$56.89B
P/E RatioN/A
Book Value$5.44
Div Yield0%
Shares O/S1,426.33M
Ave Daily Vol13,840,737
Short IntN/A

Current

Price$40.16
Market Cap$54.83B
JD.com, Inc. engages in the sale of electronics products and general merchandise products, including audio, video products. and books. It also offers online sales of home appliances, digital communications, computers, home merchandise, apparel, baby book, food, and others. The company was founded on June 18, 1998 by Qiang Dong Liu and is headquartered in Beijing, China.

Please note: this idea is an updated to Long — JD.com (JD) originally presented on 04/07/2017.

Publicly traded companies mentioned herein: Alibaba Holdings Group Ltd (BABA), JD.com Inc (JD), Tencent Holdings Ltd (700 HK), Vipshop Holdings Ltd (VIPS)

Highlights

The presenter remains long shares of JD.com (JD), reaffirming his belief in JD’s favorable position as the #2 e-commerce player in China with strong investments into infrastructure and logistics. He notes that the core business, when JD’s stakes in its Finance and Logistics divisions are excluded, is trading at very deflated multiples, and thinks there is a path to a doubling or tripling of JD shares as GMV growth re-accelerates and multiples expand.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.