JD.com, Inc. Turns a Profit on 38% Higher Sales
JD.com (NASDAQ: JD), which runs a large e-commerce business in China, reported third-quarter results early Monday morning. The company turned a small profit as top-line sales expanded nearly 40% over the year-ago period, and the company is working up a data-driven marketing platform with the help of many well-known partners.
Let's dive into JD's latest business update.
Metric
Source: Fool.com
JD.com Inc. ADR Stock
€29.85
-0.330%
The stock is an absolute favorite of our community with 24 Buy predictions and no Sell predictions.
As a result the target price of 40 € shows a positive potential of 34.0% compared to the current price of 29.85 € for JD.com Inc. ADR.
