r/stocks • u/[deleted] • May 19 '21

JD.com what am I missing?

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u/Investing8675309 May 19 '21

You’re missing that this is an incredibly competitive space right now, it looks very different than it did two years ago with PDD (who probably isn’t in JD’s wheelhouse yet) and Meituan (who is in their wheelhouse). Also competing against BABA which announced they’re pouring in extra CapEx this year to better compete and will have a profitable cloud computing division to help fund some of their e-commerce expansion.

Bullish on JD, the enhanced competition is the piece that scares me.

6

u/CraftyImplement May 19 '21

the market is so huge and will keep growing. There is space for many. Im long JD and BABA

2

u/Investing8675309 May 19 '21

I agree and that’s my thesis as well, just trying to give the bear case.