T. H. Data Flash - JD.com, Inc. – November & Preliminary 4Q17: Embracing New Retail Trend and Exploring Ways to Improve Margins; Maintain BUY
Offline presence or new retail is the trend for China e-commerce vendors, and JD along with BABA is in the leading positions. JD has several ongoing initiatives, which include supply chain and logistic services, experience stores, unmanned convenience stores, and pharmaceutical and fresh food stores.
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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