JD.com, Inc. Sponsored ADR Class A (JD)

JD.com's stock price declined approximately 30.20% between March 31, 2025, and March 27, 2026. The company announced its Third Quarter 2025 results on November 13, 2025, and its Fourth Quarter and Full Year 2025 results on March 5, 2026. An annual dividend was announced, and updates on the share repurchase and cancellation program were provided on January 8, 2026. On March 30, 2026, JD.com announced a proposed offering of CNY-denominated senior unsecured notes. Analysts have issued a median price target of $36.0 in the last six months. Members of Congress have traded JD stock, with 1 purchase and 2 sales recorded in the past six months. A Form 144 notice was filed on March 31, 2026, for the proposed sale of 4,600 ADSs after restricted share units vested on April 1, 2026.

JD.com experiences distinct demand seasonality. Historically, for its Hong Kong-listed shares (9618.HK), November has been the strongest month with an average return of 7.71% and a 67% win rate, while October tends to be the weakest month, averaging a -7.17% return. For JD.com, Inc. American Depositary Shares (JD), January has historically been the strongest month, with an average return of 3.83% and a 67% win rate, while October is typically the weakest month for the ADRs, with an average return of -3.16%.

JD.com is a leading supply chain-based technology and service provider and China's largest retailer by revenue, headquartered in Beijing. The company operates in retail, technology, logistics, health, industrials, property development, and international business. Its offerings include online retail of electronics and general merchandise, marketplace services, marketing, omnichannel solutions, online healthcare via JD Health, and technology services using AI, big data, cloud computing, and IoT through JD Technology. JD Logistics provides smart supply chain services, and JD Property focuses on logistics park investment and management.

JD.com's primary operations are in China, with its headquarters in Beijing, where it maintains a vast fulfillment infrastructure. It has expanded internationally into Europe and countries such as Brazil, Thailand, Indonesia, Malaysia, Vietnam, Hungary, Turkey, and Saudi Arabia. JD Logistics aims to double its overseas warehouse space by 2025. JD.com initiated a 4-hour delivery service in Hong Kong in October 2023 and launched its global sales business in the United States, Japan, Singapore, and Malaysia in September 2024.

JD.com has maintained a strong brand reputation in the past year. In April 2025, Brand Finance's Retail 100 2025 report ranked JD.com as the second strongest retail brand globally, climbing 18 places. The company achieved a Brand Strength Index (BSI) score of 92.3/100 and improved its brand strength rating from AAA- to AAA+. This growth was attributed to its ability to seamlessly meet local consumer needs, maintain a strong reputation, and utilize virtual reality and strategic partnerships to drive consumer engagement.

JD.com's ownership includes institutional, retail, and individual investors. Richard Liu Qiangdong, the founder, holds a 15.8% stake as of 2024. Tencent maintains a 2.3% ownership. Major institutional investors include FMR LLC, Dodge & Cox, Invesco Ltd., Morgan Stanley, Susquehanna International Group, Llp, FIL Ltd, BlackRock, Inc., and The Vanguard Group, Inc. Approximately 91.02% of JD.com's stock is owned by public companies and individual investors, while institutional investors hold around 7.38% to 8.98%.