New Street Research - JD.com Inc. Sponsored ADR Class A (JD) ... New Street: JD 1Q22 Preview - Covid Looks to Dim Outlook

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New Street Research

Jin Yoon

New Street: JD 1Q22 Preview - Covid Looks to Dim Outlook

What’s New: We revise down our FY22 estimates amid rolling covid lockdowns in China which has caused significant supply chain disruptions since 2H of Mar. In this note, we highlight the latest update on the business including near term demand and margin outlook and investments into New Business segment.

Analysts:
Jin Yoon

18/04/2022 1 EN

Underlyings

JD.com Inc. Sponsored ADR Class A

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US47215P1066 NASDAQ Stock Market United States

JD.com Inc

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Provider

New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

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Analysts

Jin Yoon

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New Street: JD 1Q22 Preview - Covid Looks to Dim Outlook

China Internet: 618 Festival – Evolving consumer trends and continued focus on value for money.

China Internet: JD’s new initiative in on-demand delivery is reshaping FD market dynamics.

JD.com to Hold Annual General Meeting on June 20, 2025

SATS, Carr, and the Art of the No Deal…Yet

Supreme Court Upholds USF Framework but Reform Still Ahead

CMCSA quick hit: Comcast continues to make the right pricing moves

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