1 Chinese E-Commerce Stock Not Named Alibaba
Alibaba Group Holding is one of the largest e-commerce companies in the world as measured by gross merchandise value, but it's not the only powerhouse in China. Rival JD.com (NASDAQ: JD) has also become a major player in this industry, and is growing quickly. Not surprisingly, long-term shareholders have been well rewarded, as the share price has skyrocketed 185% over the past three years.
However, market sentiment regarding Chinese companies has wavered recently, and JD's share price currently sits well below its 52-week high. In this Backstage Pass video, which aired on Sept. 14, 2021, Motley Fool contributor Jose Najarro shares his thoughts on JD.com.
Source Fool.com
