JD.com (JD) Stock Rises as Food Delivery Service Expands

Mar 18, 2025

JD.com (JD, Financial) shares continued to rise, showing a 1.48% gain, trading at $45.88 pre-market. This follows a 4.75% increase in the previous session. The stock's upward trend is supported by the expansion of JD.com’s food delivery service, which, since its launch on February 11, now covers 126 cities across China and has added over 300,000 quality dine-in restaurant locations.

In addition to the service expansion, JD.com received a positive outlook from CMB International. The firm maintained a "buy" rating for JD.com and raised the target price to $54, citing JD.com as a primary beneficiary of policy incentives. This is expected to drive long-term profitability growth and enhance shareholder returns.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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