JD stock surge 16% in one day as results show it can fend off PDD - Printable Version

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JD stock surge 16% in one day as results show it can fend off PDD - sgbuffett - 07-03-2024

At the end of the day Chinese consumers still want decent quality products not cheap crap from PDD and Temu.

Company now traidng at 6x free cashflow and has 80% of it's capitalisation in cash.

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