JD.com traded at $29.22 this Thursday March 26th, decreasing $0.53 or 1.78 percent since the previous trading session. Looking back, over the last four weeks, JD.com lost 10.06 percent. Over the last 12 months, its price fell by 31.89 percent. Looking ahead, we forecast JD.com to be priced at 29.08 by the end of this quarter and at 27.17 in one year, according to Trading Economics global macro models projections and analysts expectations.
JD.com Inc is a holding company mainly engaged in e-commerce business. The Company operates two segments. JD Retail segment consists of online retail, online marketplace and marketing services in China. The Company offers electronics products, home appliances and other general merchandise categories. The Company has its own online platform, which third-party merchants offer products on it. The Company provides marketing and display advertising services to third-party merchants, suppliers and other business partners on its website channels. New Businesses segment includes logistics services provided to third parties, overseas business, technology initiatives, as well as asset management services to logistics property investors and sale of development properties. It offers comprehensive supply chain solutions to third parties through JD Logistics, including warehousing, transportation, delivery and after-sales service. The Company mainly conducts its businesses in the China market.