Where Will JD.com Be in 10 Years?
JD.com (NASDAQ: JD), the largest direct retailer and second largest e-commerce player in China, has struggled over the past two years with slowing sales growth, rising expenses, a rape allegation against founder and CEO Richard Liu, and escalating trade tensions between the U.S. and China.
However, JD's top-line growth stabilized last quarter, its margins improved, and the charges against Liu were dropped. As JD moves past those headwinds, investors might be wondering if it's a good long-term investment at these levels.
Image source: JD.com.
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