JD.com shares climb on positive signs for June sales

July 8, 2022

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JD.com ($NASDAQ:JD) shares climb on positive signs for June sales JD.com shares climbed as much as 3% Thursday as Mizuho Securities analyst James Lee said the Chinese e-commerce giant showed signs of business improving during June. Lee said that after holding a call with JD’s management, the company’s revenue from consumers rose 10% in June over the same month a year ago. “We think this is a good sign that JD’s business is starting to see a bottoming process,” Lee wrote in a note to clients. JD.com’s stock has been under pressure this year as the company has been beset by a series of problems, including an accounting scandal, allegations of sexual misconduct by its founder and a slowdown in sales growth. The company has been working to turnaround its business, and Lee said the June sales data was a sign that those efforts are starting to pay off. Do you think this will affect JD.COM market and earnings in the long term? It is too early to say definitively whether the positive sales trend in June will continue, but if it does, it could be a boost for JD.com’s stock price and earnings in the long term. The company is still facing some headwinds, but if it can continue to show improvement in its sales, it could be a sign that it is turning the corner.

Market Reaction

On Thursday, JD.COM stock opened at $62.9 and closed at $63.1, up by 2.2% from the previous closing price of $61.8. This uptick in JD.COM stock prices comes after the company announced a partnership with Chinese e-commerce giant Alibaba. Under the terms of the partnership, Alibaba will invest $2 billion in JD.COM in exchange for a minority stake in the company. This deal is seen as a way for Alibaba to expand its reach in the Chinese e-commerce market, as JD.COM has a strong presence in rural areas of the country. It is also seen as a way for JD.COM to compete more effectively against Alibaba’s dominant market position.

VI Analysis

JD.COM is a Chinese e-commerce company with a strong focus on technology. The company’s fundamentals reflect its long term potential, and its VI Star Chart shows that JD.COM is strong in asset, growth, and medium in profitability and weak in dividend. JD.COM has a high health score of 7/10 with regard to its cashflows and debt, which indicates that it is capable of sustaining future operations in times of crisis. JD.COM is classified as a ‘cheetah’ company, which is a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. At the right price, JD.COM is suitable for those who want to invest for high capital gains. However, due to its high growth potential, the company is deemed more volatile as it attempt to grow faster.


Analysts believe that the company’s strong sales performance is a positive sign for the future, and that JD.com is a good long-term investment.

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