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JD.Com Inc
HKEX:9618

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JD.Com Inc
HKEX:9618
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Price: 111.6 HKD -0.62%
Market Cap: HK$354.9B

JD.Com Inc
Research & Development

Last Value
3 Years 3Y CAGR
5 Years 5Y CAGR
10 Years 10Y CAGR
Last Value
3 Years 3Y CAGR
5 Years 5Y CAGR
10 Years 10Y CAGR
Quarterly
Annual
TTM
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JD.Com Inc
Research & Development Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Research & Development CAGR 3Y CAGR 5Y CAGR 10Y
JD.Com Inc
HKEX:9618
Research & Development
-¥22.1B
CAGR 3-Years
-10%
CAGR 5-Years
-7%
CAGR 10-Years
-23%
Vipshop Holdings Ltd
NYSE:VIPS
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Alibaba Group Holding Ltd
NYSE:BABA
Research & Development
-¥62.5B
CAGR 3-Years
-5%
CAGR 5-Years
-3%
CAGR 10-Years
-17%
PDD Holdings Inc
NASDAQ:PDD
Research & Development
-¥16.5B
CAGR 3-Years
-17%
CAGR 5-Years
-19%
CAGR 10-Years
N/A
JD Health International Inc
HKEX:6618
Research & Development
-¥1.6B
CAGR 3-Years
-15%
CAGR 5-Years
-22%
CAGR 10-Years
N/A
Meituan
HKEX:3690
Research & Development
-¥24.4B
CAGR 3-Years
-7%
CAGR 5-Years
-20%
CAGR 10-Years
N/A
No Stocks Found

JD.Com Inc
Glance View

In the bustling digital marketplace of China, JD.com Inc. stands as a formidable force, a testament to the country's rapid e-commerce evolution. Founded by Liu Qiangdong, the company started humbly in Beijing, initially as a physical storefront. However, the SARS epidemic pushed Liu to pivot online, setting the stage for JD.com's rise. Unlike many of its peers in the e-commerce sphere, JD.com took a strategic path of tightly managing its supply chain. By owning and operating its logistics network, the company ensures quick delivery and a high level of quality control. This vertically integrated model allows JD.com to efficiently stock and transport a vast array of products, from consumer electronics to fresh groceries, thereby generating revenue from direct product sales. JD.com’s sprawling ecosystem doesn't stop at mere product sales. It has expanded into technology services, cloud computing, and artificial intelligence solutions, offering platforms for vendors to tap into their logistics capabilities. This diversification extends JD's reach beyond conventional retail, as it earns service fees from third-party sellers and leverages data analytics to enhance customer experiences. JD’s commitment to innovation and infrastructure funding, such as autonomous delivery vehicles and AI-driven customer service, fortifies its competitive edge. As a result, JD.com continues to maintain robust growth, increasingly influencing China’s digital commerce landscape with a model built on trust, speed, and sophistication.

Intrinsic Value
270.78 HKD
Undervaluation 59%
Intrinsic Value
Price HK$111.6

See Also

What is JD.Com Inc's Research & Development?
Research & Development
-22.1B CNY

Based on the financial report for Dec 31, 2025, JD.Com Inc's Research & Development amounts to -22.1B CNY.

What is JD.Com Inc's Research & Development growth rate?
Research & Development CAGR 10Y
-23%

Over the last year, the Research & Development growth was -31%. The average annual Research & Development growth rates for JD.Com Inc have been -10% over the past three years , -7% over the past five years , and -23% over the past ten years .

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