JD.com Gains Traction In Retail, Delivery As Analyst Flags Margin Risks
1. JD.com's net revenue beat estimates, reaching 301 billion yuan, up 15.8%. 2. Analysts lowered price targets, with Benchmark predicting $53 down from $58. 3. JD's share repurchase program reduced share count by 2.8%, boosting shareholder value. 4. New food delivery services achieved 20 million daily orders, indicating strong market entry. 5. Profitability guidance withdrawn due to market volatility; margins pressured moving forward.