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JD.COM, INC [(JD-HK, 09618), JD-US, JD)]

01/12/2025 08:07 am MYT

For subscribers only

This week, i Capital updates on JD.com, Inc (JD) following the release of its 3Q25 results. To recap, JD is China's largest retailer by revenue and its third largest e-commerce company by GMV, serving around 700 mln annual active users. The Company is also a leading supply chain-based technology and service provider with a self-developed fulfilment and logistics infrastructure network of 1,200 self-operated warehouses and over 2,000 cloud warehouses operated by a third party under JD subsidiary JD Logistics, occupying a GFA of 32 mln square meters as of late 2024. The Company is dual-listed on NASDAQ and the Stock Exchange of Hong Kong. JD holds majority stakes in 2 HK-listed subsidiaries:, JD Logistics and JD Healthcare. 


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Note from Publisher

We always encourage subscribers to read the contents of i Capital carefully and in toto, including the captions that describe each section. By doing so, subscribers will, over time, become more knowledgeable and be able to make better investment decisions. In addition, as the different sections of Capital are designed to serve different purposes, subscribers need to read the captions in order not to be confused. 

For example, stocks recommended under Section B are meant for medium and/or long-term investments, based on fundamental analysis. The same applies to Section E.i., which are updates on stocks previously featured in Section B.  

On the other hand, under Section H, shares recommended are based on charting/technical analysis and are meant for short-term traders. 

Due to the different investment approaches used, i Capital may give seemingly “contradicting” recommendation on the same stock. Similar “contradiction” can also occur between Section B and Section G: the Eclectic Trader. The emphasis of the latter is on short-term trading and relies on technical analysis to analyse the stocks.

It is extremely important to read the captions of each section so that there is no confusion and subscribers can derive maximum benefits from reading i Capital.

The above is in response to a subscriber who wrote in on 7 Nov 2025 with the following question:

 

Just out of curiosity on this investment stock, Gdex, by Mr Tan:

 

It was listed on The Electric Trader tt CD bot 100k shares @RM0.95 on 25/9/25, but on the column E Updates it is listed sell @RM1.05. Can u clarify this as I m considering to purchase it?”

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