Listed on NASDAQ in 2014, JD.com Inc. (JD.com) has emerged as China’s largest retailer and the third largest internet company globally in terms of revenues. In this article, I’ll cover its fundamental strengths, latest financial results and plans to grow in the future. Thus, here are 8 things to know about JD.com before you invest.
It is a Fast Growing RetailerJD.com has achieved significant growth in terms of its number of active users and gross merchandise volume (GMV). Its number of active users had grown by a multiple of 10.4x, up from 29.3 million in 2012 to 305.3 million in 2018. It has resulted in a rapid growth in GMV from RMB 86.9 billion in 2012 to RMB 1.68 trillion in 2018.
Source: JD.com’s Financial & Operational Highlights Q4 2018
JD.com has a superior reach which covers 99%...