Is There An Opportunity With JD.com, Inc.'s (NASDAQ:JD) 34% Undervaluation?
jd.com Seven Fresh: Adhering to the 'low stock price' strategy, not deliberately targeting anyone for price wars.
According to internal media reports, it is rumored that jd.com's Seven Fresh and front warehouses have completed integration and fully launched the 'Piercing Price, Really Cheap, Not Afraid of Comparison' campaign, suspected to target competitors such as Hema and Meituan Youxian on Double Eleven, initiating an instant retail price war. Seven Fresh responded that in order to continuously enhance the consumer shopping experience, Seven Fresh supermarkets and front warehouses have indeed completed integration, fully upgrading products and services. The company always adheres to the 'low stock price' strategy, insisting on providing consumers with 'cheap and good' commodities and services, without deliberately engaging in price wars against anyone.
Express News | Company 9 had a strong start on november 11 shopping festival-related in 2024: the self-operated omni-channel sales exceeded 0.985 billion, a year-on-year increase of 92%.
CMB International raises jd.com (JD.US) target price to $46, with the main beneficiaries of the old-for-new policy.
Lyon released a report stating that jd.com (JD.US) will be the main beneficiary of the trade-in policy, expecting third-quarter revenue to grow by 4.8% year-on-year to 260 billion RMB, while adjusted pre-tax profit is projected to increase by 18% year-on-year to 13.1 billion RMB. Lyon has raised the profit forecast for jd.com in the next two years by 4% and 2% respectively, increasing the target price from $40 to $46, and maintaining an 'outperform' rating. Lyon mentioned that with the trade-in policy implemented in September, jd.com's electronic product sales have significantly increased. Benefiting from this policy throughout the entire quarter, it is expected that the revenue growth rate in the fourth quarter will accelerate to 6%.
Alibaba's Strong Singles' Day Sales Kickoff Hints At China Consumer Rebound
Express News | jd.com 11.11 battle report: over 0.016 million brands' transaction volume increased by over 3 times year-on-year, and live stream order volume increased by 245% year-on-year.