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Possible bid by JD for UK’s Currys comes as China’s big e-commerce players continue to look overseas for growth amid rising competition and economic headwinds at home.
Expanding into new markets to mitigate domestic headwinds is a logical move for the e-commerce group.
In the closing of the recent trading day, JD.com, Inc. (JD) stood at $23.56, denoting a +1.82% change from the preceding trading day.
JD.com, Inc. (NASDAQ:JD – Get Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $23.56, but opened at $24.40. JD.com shares last traded at $24.43, with a volume of 3,012,356 shares changing hands. Analyst Upgrades and Downgrades Several research firms recently weighed in on JD. […]
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