Added to YB: 2026-03-27
Pitch date: 2026-03-25
JD [neutral]
JD.com, Inc.
Author Info
Company Info
JD.com, Inc. operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.
Market Cap
$259.6B
Pitch Price
N/A
Price Target
N/A
Dividend
3.64%
EV/EBITDA
4.92
P/E
14.68
EV/Sales
0.13
Sector
Broadline Retail
Category
turnaround
JD.com 2025 earnings update
JD (earnings): Q4 profits null as food delivery losses (revenue=losses) offset core retail gains. 700M active customers (+30% YoY), but minimal retail sales lift. Mgmt claims food delivery investment peaked in 2025 & will decline 2026, though Q4 losses barely improved vs Q2; Chinese regulators intervened Jan '26 to curb subsidy wars. Core JD Retail stable; launched Joybuy (EU 1-2 day delivery) vs Temu/AliExpress. Trades 9.3x fwd P/E but estimates likely too high; holds $11B net cash. Repurchased 6.3% shares in '25. Catalyst: Alibaba stock drop forcing profit focus, ending food delivery war.
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