JD stock is moving up in the red market as JD.com Inc (NASDAQ:JD) reports solid earnings for the fiscal first quarter.
Chinese internet companies have grown at a breakneck pace over the course of the last decade and a half and have been able to leverage the country’s population as well as greater internet penetration to grow rapidly. While Alibaba Group Holding Ltd (NYSE:BABA) remains the biggest name as far as e-commerce is concerned, JD is another name that should not be discounted, as over the years the company has displayed outstanding growth in the area. ...
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