- June 13, 2021
- Posted by: Stratford Team
- Category: Business
JD.com (NASDAQ:JD) is the largest online retailer in China. But investors may not know it also runs the largest logistics company in the region. It was formerly a division of its parent company, but now, JD Logistics (SEHK:2618), has been spun off as its own company and trades on the Hong Kong exchange. Since the logistics business has been a strong differentiating factor for the online retailer, is the spin-off a stock that investors should take a look at? On a Fool Live episode recorded on May 26, Fool contributors Brian Stoffel and Brian Withers discuss JD.com’s latest quarter and whether this logistics specialist is worth owning.
Brian Withers: Coming on the home stretch, JD.com. JD is continuing to grow in the largest e-commerce market in the world. It added, [laughs] this number is just amazing, 112 million new active users in the last 12 months. That’s a 29% gain year over year. What’s interesting is…
