JD.com: Upgrading To Buy On Government Subsidy Tailwinds Driving Growth

Group 1 - JD.com has been upgraded to a Buy rating from a previous Sell rating due to strong 4Q24 results [1] - The strong operating and financial metrics indicate that JD.com is a key beneficiary of government support [1] Group 2 - Astrada Advisors specializes in investment research across technology, media, internet, and consumer sectors in North America and Asia [1] - The firm focuses on identifying high-potential investments and navigating complex industries [1] - Research integrates fundamental analysis with data-driven insights to provide a nuanced understanding of key trends and competitive landscapes [1]