if this closes, is it bullish for buy JD? Assume they turn this into CART sized mkt cap (not unreasonable given china's middle class will double relative to US), that's adding 15% to JD's current mkt cap which seems already very undervalued
Instead of sitting back and watching my portfolio have its best year ever, I have to find some other stock that will go up 10x and has nearly its market cap in net cash. Damn those meddling JD executives!
if this closes, is it bullish for buy JD? Assume they turn this into CART sized mkt cap (not unreasonable given china's middle class will double relative to US), that's adding 15% to JD's current mkt cap which seems already very undervalued
Yeah it could add hundreds of millions of EBIT within the next few years.
Richard Qiangdong Liu, I am slapping you with soggy kelp, shaping the kelp into a beanbag and making you sit in it all day! For shame!
Sandy Ran Xu, you have the energy of a confused pebble in a windstorm! For shame!
Ian Su Shan, street mimes everywhere are breaking character to read out your bad corporate acts to audiences of disapproving children! For shame!
Honestly, this is painful to see right as Chinese tech catches a bid. Part of the game but AAAUGHH.
Instead of sitting back and watching my portfolio have its best year ever, I have to find some other stock that will go up 10x and has nearly its market cap in net cash. Damn those meddling JD executives!