JD logistics is a business owned an linked to the JD group, a challenger e-commerce company from China. I had always been fascinated by JD since I read a bull thesis nearly 10 years ago by “oracle from Omaha” on wordpress (a legendary pioneer blog), and I covered JD in 2025.
Stock market: Hong Kong
Symbol: 2618
Market Cap: $12 Billion USD
JD.com: scale economy shared
JD.com is a bit like a little Amazon in the Chinese e-commerce landscape.
Focusing on JD logistics, the company is on the forefront of AI and robotisation.
JD has listed its logistic arm in 2021 and the stock is down 65% since the IPO.
I became interested in 2025-2026 as I constantly track the cheapest growth companies in emerging markets and worldwide. (upgrade to follow all of my work).
Unfortunately, as you can see in the end of the chart, it rebounded in 2026 before I could analyse the company.
Nevertheless, I see a 10 times multiple, 8.5 forwards, and earnings growth rates of 12% approx expected in 2027 and 2028, with leading AI and robotics technology. This is on top of a rebound in 2026 expected by analysts.
Let’s dive in what could be a massive opportunity.
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