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Does Walmart and JD.com breakup create a buying opportunity?

Does Walmart and JD.com breakup create a buying opportunity?

Walmart dumped JD.com Tuesday, but could this dip be a chance to buy China's rising Amazon? While Amazon is the go-to name for online shopping in the U.S., JD.com dominates in China. MarketBeat analyst Jea Yu explains what sets JD.com apart, from its authenticity guarantee to its cutting-edge logistics and technology. Despite modest revenue growth, JD.com posted a record net income, making it a strong contender for investors. With its logistics prowess and expanding global reach, now might be the perfect time to consider adding JD.com to your portfolio.
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Does Walmart and JD.com breakup create a buying opportunity?
August 21, 2024

Does Walmart and JD.com breakup create a buying opportunity?

Walmart dumped JD.com Tuesday, but could this dip be a chance to buy China's rising Amazon? JD.com dominates e-commerce in China and reported record profits.

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