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MarketScreener Homepage  >  Equities  >  Nasdaq  >  JD.com, Inc.    JD

JD.COM, INC.

(JD)
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JD com : Malaysian Ambassador Eyes Close Cooperation With JD

10/19/2020 | 09:15pm EST

by Martin Li

The Malaysian embassy in Beijing hopes to establish close cooperation with JD and provide support for the company's import and export business, H.E. Raja Dato' Nushirwan Zainal Abidin, the Malaysian ambassador to China said at a meeting with JD's international business executives on October 19th .

Malaysian ambassador Raja Dato' Nushirwan Zainal Abidin (L) exchanges souvenirs with Yan Xiaobing , senior VP of JD.com and president of JD International Business.

The ambassador led a delegation visiting JD's headquarters in Beijing and met president of JD's international business Xiaobing Yan, and other executives, including Dr. Wenkai Lyu, president of Asia and Pacific Business of JD.com.

The ambassador said that he admires the fast development of private Chinese enterprises like JD. The Malaysian government and its embassy in China will work more closely with the Chinese government and enterprises.

JD's international business team meets Malaysian embassy delegation at JD's HQ

'JD hopes to deepen communication with the Malaysian government and help Malaysian merchants explore the Chinese market,' said Yan, who is also a senior vice president of JD.

Yan said that JD hopes to make use of its strong supply chain to provide the best quality products for Malaysian consumers. Meanwhile, JD hopes to bring more quality Malaysian products to the Chinese market with the help of the Malaysian government.

Yan added that, as a supply chain-based technology and services enterprise, JD has been exploring markets in Southeast Asia, including Thailand and Indonesia, cooperating with local governments and enterprises. While achieving business growth, JD's presence in the region has also advanced local industrial upgrade and boosted the economy.

(bjlihao@jd.com)

Disclaimer

JD.com Inc. published this content on 20 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2020 01:14:02 UTC


© Publicnow 2020
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Financials
Sales 2020 739 B 112 B 112 B
Net income 2020 24 829 M 3 775 M 3 775 M
Net cash 2020 90 181 M 13 711 M 13 711 M
P/E ratio 2020 34,5x
Yield 2020 -
Capitalization 899 B 137 B 137 B
EV / Sales 2020 1,09x
EV / Sales 2021 0,87x
Nbr of Employees 284 000
Free-Float 69,1%
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Mean consensus BUY
Number of Analysts 38
Average target price 638,88 CNY
Last Close Price 580,24 CNY
Spread / Highest target 28,2%
Spread / Average Target 10,1%
Spread / Lowest Target -17,5%
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Managers
NameTitle
Qiang Dong Liu Chairman & Chief Executive Officer
Nan Li Director-Strategy & Operations
Ran Xu Chief Financial Officer, Senior VP & CFO-JD Retail
Chi Ping Lau Director
Ming Huang Independent Director
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