JD.com (JD) Stock Rises as European Online Retail Expansion Announced

Apr 09, 2025

JD.com (JD, Financial) reported a 6.48% increase in its stock price, reaching $35.16 in pre-market trading. The company announced the launch of its European online retail business, focusing on recruiting international and new overseas brands in the mother and baby, and toy categories.

JD.com has also initiated testing for its European online retail brand, Joybuy, in London. Previously, JD.com's European arm, Ochama, has successfully established a self-operated and self-warehousing model, offering doorstep delivery and pickup services across 24 countries including the Netherlands, Germany, France, Belgium, and Luxembourg.

Looking forward, JD.com plans to leverage its self-operated model and infrastructure to explore the 211 delivery service in Western Europe's major cities.

Disclosures

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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