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%.
jd.com is heading towards the instant retail battlefield.
Rekindle the flames of war.
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%.
jd.com: The transaction volume of over 0.016 million brands increased by more than three times year-on-year.
jd.com-SW(09618.HK)(JD.US) stated that as of last night (October 31) at nine o'clock, jd.com's "Double 11" turnover, order quantity, and number of ordering users maintained double-digit growth, with over 0.016 million brand turnover indicating a growth of more than three times. The number of brands with turnover exceeding 100 million yuan (hereinafter the same) increased by over 40% annually, and the number of businesses with order quantities growing by over five times exceeded 17,000. At the same time, this year's jd.com 'Double 11' saw a more than fourfold increase in the number of billion-yuan subsidy commodities, attracting a large number of users with true low stock prices, while the number of new users for apparel and beauty transactions grew by over 14% annually.
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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.
Express News | jd.com (09618.HK): The board of directors will hold a meeting on November 13, 2024 (Wednesday) to approve relevant matters, including the approval of the 2024 third quarter performance announcement. The company will upload the 2024 third quarter performan
DATE OF BOARD MEETING
JD.com to Report Third Quarter 2024 Financial Results on November 14, 2024
Express News | JD.com International Express once again expands its international express services to 11 countries in Asia.
Jd.com (09618.HK) added Malaysia and Thailand to the overseas parcel post area for the november 11 shopping festival-related.
JD.com-SW(09618.HK)(JD.US) will officially open on October 31st (today) at 8pm, with double subsidies. As a cross-border export e-commerce platform under JD.com, JD Global Sales will further increase subsidy investment and upgrade postal services in many overseas locations. In addition, JD Global Sales has added Malaysia and Thailand as two new "overseas postal zones," and has launched independent sites in both locations. With the new postal zones online, Malaysian users can enjoy the same as Singaporean users in the future, receiving free shipping for marine transportation of 6kg and air transportation of 2kg for orders over 399 RMB (and so on).
jd.com (09618.HK) subsidiary Ochama established an automated warehouse in Poland
JD.com (09618.HK) (JD.US) announced that its Europe-based omnichannel retail brand Ochama has established a new automated warehouse in Poland, aiming to improve the business operation efficiency and customer experience in the region. The new warehouse is located near the border of Poland and Germany, covering approximately 0.027 million square meters. It adopts a flexible goods-to-person system, with picking efficiency three times higher than traditional methods. JD.com stated that with the new warehouse, Ochama in Poland can fulfill orders within 48 hours, with some orders eligible for same-day delivery service, while the order fulfillment rate within 48 hours in Germany can also be increased to around 80%. The group mentioned that in the first ten months of this year...
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Daily Bull Bear | Hang Seng Index night market slightly up, with a net inflow of 0.14 billion Hong Kong dollars to the good warehouse! Morgan Stanley: Tencent tests the low since mid-October, with market funds tending to deploy rebounds.
On Wednesday, the Hang Seng Index opened low and closed lower, ending the day down 1.55% at 20,380 points, reaching a high of 20,681 and a low of 20,270 during the day. Overnight, HSI futures current closed at 20,511 points, up 71 points or 0.35%, reaching a high of 130 points.
Express News | Ling Yunguang: Cooperating with Wisdom Spectrum Hua Zhang to build a digital commerce live streaming platform.
[Brokerage Focus] Orient maintains a 'buy' rating for jd.com (09618), expecting Q3 revenue to increase by 4.8% year-on-year, continuing the stable recovery trend.
Jingu Information | Orient Securities issued a research report stating that jd.com Group (09618) is expected to achieve revenue of 259.6 billion yuan (+4.8%) in Q3 24, achieving adjusted net income attributable to mother of 11 billion yuan (+3.2%), continuing the stable recovery trend; It is expected that the company's GMV will grow by a high single-digit percentage in Q3 and outperform the social zero large cap, with 3P growth faster than 1P. It is expected that under the platform's increased new user acquisition investment, DAU will achieve growth of over 20%, with active merchants growing by double digits; It is expected that in Q3 24, jd.com's retail will achieve revenue of 222.9 billion yuan (+5.1%); Operating profit of 11.1 billion yuan (+0.5%), profit margin of 4.
jd.com has enabled Alipay payment function after thirteen years of cooperation.
JD.com announced the launch of Alipay payment function, alongside JD Pay, WeChat Pay, and UnionPay. This marks the re-collaboration between Alipay and JD-SW (09618.HK) after thirteen years. Alipay stated that it will continue to increase its openness, explore interconnection with different platforms, deepen cooperation, and create greater value for merchants and consumers. JD.com mentioned that integrating Alipay payment will provide consumers with more payment options, help merchants reduce costs and improve efficiency, and create a cheaper and better shopping experience.
Express News | jd.com logistics opened the international route from Shenzhen to Kuala Lumpur.