JD: Some Level of Recovery In Sales Growth Of Home Appliances And Digitals As Well As Further Development In Logistics Are Positive For JD’s 2Q19
JD will report 2Q19 results on August 13th before the markets open with a 7:30am EST conference call. We are positive on JD’s 2Q19 performance. The company is concentrating on its new business initiatives, particularly during its annual 6.18 promotions. JD released many initiatives, including Pinggou for lower tier city users, cash incentives for higher value purchase, and expanding its logistic services.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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