JD.com Plunges 5.09% on Trump's Policy Shift

On April 3, 2025, JD.com's stock price dropped by 5.09% in pre-market trading, reflecting a significant decline in investor sentiment.

This decline was largely attributed to the announcement by President Trump to end the "de minimis" treatment for low-value shipments, which has a direct impact on Chinese e-commerce companies. This policy change is expected to increase the cost of cross-border e-commerce, potentially affecting JD.com's international operations and profitability.

Additionally, the competitive landscape in China's online retail industry remains intense, with JD.com facing stiff competition from rivals such as Alibaba and PDD Holdings. The ongoing rivalry and potential regulatory changes could further pressure JD.com's stock performance in the coming months.

Despite these challenges, JD.com has been actively seeking strategic partnerships and investments to bolster its market position. The company's recent deal with Dada Nexus to go private through a merger with JD Sunflower Investment and Sunflower Merger Sub is a notable example of its efforts to strengthen its operational capabilities and market reach.