JD.com (JD) Launches Joybuy Marketplace in Europe, Acquires Ceconomy to Challenge Amazon

JD.com Inc. (NASDAQ:JD) is one of the best NASDAQ stocks under $30 to buy. On March 16, Reuters reported that JD.com officially launched its Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium, and Luxembourg. This expansion marks a push into the European market, directly challenging Amazon’s dominance. To support its regional presence, JD.com recently acquired the German electronics retailer Ceconomy for 2.2 billion euros, providing the company with an established customer base ...