JD.com Inc ADR

JD: XNAS (USA)
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Maintaining Valuations for Meituan, JD, and Dada; Competition Baked Into Meituan's Assumptions

In an unofficial audio clip, JD.com founder Richard Liu said JD will keep its food delivery net margin below 5% to allow restaurants and riders to earn more. The shares of Meituan, JD, and Dada Nexus were down 8%, 6%, and 1%, respectively, on April 16.

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