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JD.com DHL Partnership Puts Valuation And Cross Border Growth In Focus [Yahoo! Finance]
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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US:NASDAQ Investor Relations: ir.jd.com
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. JD.com (NasdaqGS:JD) has signed a memorandum of understanding with DHL Group to work together on European e-commerce and logistics. The collaboration focuses on helping German and European brands reach Chinese consumers and using JD.com's Joybuy platform to support outbound retail from Europe. The announcement signals an effort to build out JD.com's cross border logistics and e-commerce capabilities in Europe. For investors watching JD.com at a share price of $28.11, this move comes after a mixed period for the stock, with a 10.7% gain over the past week alongside weaker returns over longer horizons. The shares show a value_score of 5, and longer term returns over 1, 3 and 5 years have been negative, which keeps sentiment cautious even as new business initiatives emerge. The DHL collaboration gives JD.com another way to strengthen its role in connecting Eu
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