JD
🇨🇳 JD.com is another Chinese tech company heavily favored by Michael Burry, who recently doubled his position.
🏢 Operates under a VIE structure, similar to Alibaba, with a holding company based in the Cayman Islands.
🛒 Primarily focused on online sales of a wide variety of products in China, akin to Amazon’s business model.
✅ Strong net cash position and trades at low multiples, making it an attractive value play despite inherent risks.
@Invierteygana:
“The second largest position of Michael Barry is JD.com, and recently, he has doubled his position. It is another company punished for all the risks related to Chinese tech companies, like Alibaba. It also has a VIE structure with a screen company based in the Cayman Islands. It is mainly dedicated to the online sale of a great variety of its own and third-party products in China; it is like Amazon, but in China. It is another great Chinese tech company with net cash and trading at low multiples.”
Watch the exact part of the video where Invierteygana talks about JD.com here:
View the video on YouTube.
Read more articles featuring the most recent analysis of JD.com (JD) at this link: JD stock.
