New Zealand markets closed

JD.com, Inc. (JD)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
Add to watchlist
93.87+0.51 (+0.55%)
At close: 4:00PM EST
Full screen
Trade prices are not sourced from all markets
Previous close93.36
Open92.43
Bid93.70 x 1100
Ask93.95 x 900
Day's range90.87 - 94.65
52-week range32.70 - 108.29
Volume14,582,123
Avg. volume10,611,991
Market cap152.432B
Beta (5Y monthly)0.83
PE ratio (TTM)638.57
EPS (TTM)0.15
Earnings date11 Aug 2020 - 17 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est109.34
  • JD.com, Inc. (JD) Gains As Market Dips: What You Should Know
    Zacks

    JD.com, Inc. (JD) Gains As Market Dips: What You Should Know

    JD.com, Inc. (JD) closed at $93.87 in the latest trading session, marking a +0.55% move from the prior day.

  • JD.com to Report Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021
    GlobeNewswire

    JD.com to Report Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021

    BEIJING, Feb. 25, 2021 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618), China’s leading technology driven e-commerce company transforming to become the leading supply chain based technology and service provider, today announced that it plans to release its unaudited fourth quarter and fully year 2020 financial results on Thursday, March 11, 2021, before the U.S. market opens. JD.com’s management will hold a conference call at 7:00 am, Eastern Time on March 11, 2021, (8:00 pm, Beijing/Hong Kong Time on March 11, 2021) to discuss the fourth quarter and full year 2020 financial results. Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call, using participant dial-in numbers, Direct Event passcode and unique registrant ID which would be provided upon registering. You will be automatically linked to the live call after completion of this process, unless required to provide the conference ID below due to regional restrictions. PRE-REGISTER LINK: http://apac.directeventreg.com/registration/event/2584734 CONFERENCE ID: 2584734 A telephone replay will be available from 10:00 am, Eastern Time on March 11, 2021 through 8:59 am, Eastern Time on March 19, 2021. The dial-in details are as follows: US:+1-855-452-5696 or +1-646-254-3697International:Passcode:+61-2-8199-02992584734 Additionally, a live and archived webcast of the conference call will also be available on the Company’s investor relations website at http://ir.jd.com. About JD.com, Inc. JD.com is a leading technology driven e-commerce company transforming to become the leading supply chain based technology and service provider. The company’s cutting-edge retail infrastructure seeks to enable consumers to buy whatever they want, whenever and wherever they want it. The company has opened its technology and infrastructure to partners, brands and other sectors, as part of its Retail as a Service offering to help drive productivity and innovation across a range of industries. JD.com is the largest retailer in China, a member of the NASDAQ100 and a Fortune Global 500 company. For investor and media inquiries, please contact: Investor Relations Ruiyu Li +86 (10) 8912-6804IR@JD.com Media Relations+86 (10) 8911-6155Press@JD.com

  • Alibaba, Pinduoduo Fight Against China’s Looming Food Crisis
    Bloomberg

    Alibaba, Pinduoduo Fight Against China’s Looming Food Crisis

    (Bloomberg) -- The battle to supply 1.4 billion people with fresh fruit and vegetables is taking China’s e-commerce companies into the country’s hinterlands, where they are attempting to revolutionize centuries-old agricultural practices to secure future supply for their burgeoning online grocery businesses.Xi Jinping’s government has long made self-sufficiency in food a “top state issue” as it seeks to avert a looming food crisis. The need to modernize China’s 200 million largely small-scale farms took on added urgency during the pandemic, when output and logistics disruptions coincided with homebound shoppers turning to Alibaba Group Holding Ltd. and other internet retailers for their produce.Now, some of the country’s largest private companies have joined in with state efforts to help growers boost production, improve food quality and lower prices. For the e-commerce giants, it’s one way of strengthening their foothold in an online grocery market that’s expected to be worth more than $120 billion by 2023, without running afoul of Beijing’s recent crackdown on monopolistic practices like predatory pricing and forced exclusivity arrangements.In Fujian along the eastern coast, Alibaba has provided chicken farmers with smart bracelets that track the health of their poultry, while under JD.com Inc.’s guidance, rice growers in China’s arid north have installed smart sensors to gain real-time insights for irrigation. Out west, scientists in Yunnan are teaming up with Pinduoduo Inc. to use artificial intelligence to automate strawberry planting.“Agriculture is a critical area supported by the Chinese government,” said Liu Yue, an analyst with market research firm EqualOcean. With rural youths flocking to cities for better jobs and food safety increasingly threatened by pesticides and outdated farming methods, the country’s tech champions are eager to lend Beijing a hand, she said.The driving force behind the e-commerce platforms’ push into smart agriculture is the boom in online groceries, which is expected to double to about 820 billion yuan ($127 billion) by 2023 from last year, according to iResearch. The category overtook consumer electronics as the biggest contributor at JD.com in the first half last year, while Alibaba is making a bigger push into the business by taking a larger stake in hypermart Sun Art Retail Group Ltd.Meanwhile, a clutch of smaller rivals ranging from Xingsheng Youxuan and MissFresh-- both backed by Tencent Holdings Ltd. -- to Dingdong Maicai are in the process of raising billions of dollars to grab larger shares of the online fresh foods distribution market. That prompted state media to warn in December against overcrowding in the sector, saying instead that internet giants with immense data and advance algorithms should do more in technology innovation.“Covid-19 has helped accelerate the conversion of such purchases to online channels,” said Vey-Sern Ling, an analyst with Bloomberg Intelligence. “It’s a large untapped market, and the companies have to participate or be left behind.”At a time when Chinese leaders are clamping down on monopolies in areas from fintech to e-commerce, smart agriculture is one sphere where the tech giants’ commercial interests are aligned with the national agenda.In guidelines issued on Sunday, the State Council called for increased private investment to develop modern farming techniques and empower villages using advanced technologies. Breeding and cultivation sciences were also listed as one of Beijing’s top tech priorities for the next five years, alongside AI, quantum computing and computer chips. JD has said its smart farm projects are at least 50% funded by government subsidies.Despite the efforts, the growing appetite for fresh fruits and vegetables has left most of China’s traditionally labor-intensive farms -- roughly 98% of the 200 million operators are families or small businesses -- struggling to keep up. The country’s restrictions on land ownership and diverse terrain spanning the steppes of Inner Mongolia to the tropical shores of Hainan island in the south make it difficult to implement the industrial-scale farming that’s commonly seen in the U.S. and Europe. Data from the National Bureau of Statistics also show that about a third of farm workers are aged 55 or older, and the birthrate is at record lows, driving labor costs higher.Lei Jinrong is one farmer who’s benefited from partnering with the online retailers. The owner of Fuxin Farm in Fujian province has equipped 1,000 of his chickens with Apple Watch-style bracelets supplied by Alibaba. The devices digitally track the number of steps the birds take each day and anything below 20,000 would be an early sign of illness, he said, adding that he no longer needs to patrol his fields in search of sick poultry.The grower has also deployed street lamp-like devices that monitor air temperature, humidity and the level of toxic ammonia gas generated from bird waste, all displayed in real-time on a computer screen at his office. That has enabled Lei to expand production without hiring more workers -- good news as average salaries in his village have almost quadrupled over the past decade.In the eastern province of Shandong, peach farmers increased revenue by 50% last year after using JD’s blockchain technology to encrypt each step of the planting process and increase trust and transparency, attracting consumers long weary of food scandals from tainted milk powder to imitation eggs.“The improved efficiency and the economies of scale will drive down costs while higher-quality produce will yield better prices,” said Charlie Chen, head of consumer research at China Renaissance in Hong Kong. This will benefit both farmers and the e-commerce operators, he said.Pinduoduo, which raised $6.1 billion in November in part to finance its agricultural innovations, is counting on these efforts to help it quadruple sales of farm products to 1 trillion yuan by 2025. The company expects the initiatives to help it diversify beyond online retail, as it aims to license cutting-edge farming technology down the road, according to David Liu, vice president of strategy.Many of these initiatives are still in their infancy and scaling up will take time, as farmers have only recently started to collect data -- the foundation of running AI and other next-generation technologies -- and test new methods of growing. But the twin drivers of surging demand for online produce and Beijing’s push for self-sufficiency in food supplies means the tech behemoths’ forays into modernizing China’s farms have only just begun.“Smart agriculture is really the way to move forward,” said Lei, the chicken farmer. “We all have to innovate.”(Updates with more details from farmer in 13th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.