JD.com (JD) Shares Surge Amid New App Features and Chinese New Year Promotions

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Jan 17, 2025
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JD.com (JD, Financial) saw a pre-market increase of nearly 6%, reaching $37.52. Its Hong Kong shares rose 4.7% to HKD 146.7. This boost comes as JD.com celebrates its New Year Festival, introducing new features on its app.

The latest version of JD.com's app now includes a "Gift" function, seamlessly integrated with WeChat. This feature allows users to send gifts easily, enhancing the shopping experience during the festive season. Additionally, JD.com has launched a "Group Gift" option, where users can purchase multiple gifts and send them to a WeChat group. Group members can then randomly receive different gifts, adding an element of surprise and fun.

The gift function covers almost all self-operated products suitable for gifting, ensuring a wide selection for users. Furthermore, JD Logistics has announced its commitment to delivering during the Chinese New Year, marking the 13th consecutive year of uninterrupted service during the holiday season.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.