$JD

JD.com (JD) fell 2.51% to $28.38, underperforming major indices. Shares rose 7.46% in the past month. The company's Q3 earnings are expected on Nov 17, 2026, with EPS projected at $1.05 (up 101.92% YoY) and revenue at $46.27B (up 10.15% YoY). Full-year estimates are $3.25 EPS (up 27.45%) and $202.15B revenue (up 10.06%). JD has a Zacks Rank of #3 (Hold) and trades at a Forward P/E of 8.96, below its industry average of 16.24.

JINGDONG Property, part of JD.com, acquired a 17.4ha development site in North Maclean, Southeast Queensland. The site, marketed by CG Property and CBRE, attracted interest due to a shortage of zoned industrial land. The 174,000sqm site can deliver up to 85,000sqm of Gross Floor Area. Brisbane's industrial vacancy is low, with potential land absorption in 2026 exceeding past records, according to the brokers.

The European Commission approved JD.com's $2.5 billion acquisition of Ceconomy, owner of MediaMarkt, Saturn, and MediaWorld, with ten-year commitments on logistics and financing. JD.com, a Chinese e-commerce giant, must offer its logistics and technology services to third-party retailers on market terms. The deal is expected to close by November 12, 2026, subject to final approvals.

The EU conditionally approved JD.com's acquisition of Ceconomy, citing concerns over Chinese subsidies distorting competition. JD.com agreed to market terms for transactions and equal service terms for third parties. The commitments will be monitored for 10 years. Ceconomy operates retail brands like MediaMarkt in the EU.

PDD Holdings (PDD) rose 3.9% on Nov. 2, along with Alibaba (BABA) and JD.com (JD), as China's central bank announced support for the stock market. Alibaba also gained from Apple (AAPL) news about AI services in China. PDD trades near a five-year low forward P/E of 6.9x, with analysts expecting earnings growth from 2027.

Michael Burry increased his stakes in BYD, JD.com, and Sprouts Farmers Market, according to his latest investment updates. He added to his JD.com call options, purchased more BYD shares, and increased his Sprouts Farmers Market exposure via 2028 LEAP call options. Burry cited undervaluation and strong balance sheets as key factors. He also maintained holdings in Fiserv and PayPal, suggesting Fiserv could see significant upside in a private-equity acquisition.

The European Commission approved JD.com's takeover of MediaMarkt and Saturn, Europe's largest consumer electronics retailers, under conditions to address competition concerns. The deal requires compliance with commitments to mitigate potential distortions from Chinese state aid.

China's tech stocks fell sharply after regulators summoned e-commerce platforms. Alibaba, JD.com, and Meituan saw significant declines. Despite fears, no new fines were introduced. Recent earnings show profitability recovery, with Meituan and Alibaba reporting revenue and profit increases. Regulatory scrutiny may improve margins by curbing price wars and enhancing consumer trust. Investors are also watching AI spending and its financial returns, with mixed results so far.

Alibaba and JD.com reported strong sales of AI tokens during Singles' Day, with Alibaba seeing a 450% increase in sales. Analysts caution about risks like changing AI products and potential margin squeeze due to inference costs. The prepaid model improves near-term cash flow but shifts risk to providers.

JD.com's stock rose 5.3% to HK$107 on Tuesday, driven by its shift into non-tech sectors and pre-earnings positioning. Analysts expect 3.5% revenue growth for Q3 2026, with JD Retail's positive growth and narrowing losses in other segments. The gains coincided with broader non-tech sector gains in Hong Kong.