JD.com Stock Plunges 2.06% Amid Delivery Rivalry
Mover TrackerFriday, Apr 25, 2025 6:43 pm ET
1min read JD's share price fell to its lowest level since September 2024 today, with an intraday decline of 2.06%.
JD.com's stock price has been influenced by its intense delivery competition with Meituan. This rivalry has positioned both companies among the poorest performers on the Hang Seng index. Brokerage estimates suggest that JD Takeaway is currently facing challenges at its present scale.
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