5 E-commerce Stocks Billionaires Are Loading Up On

3. JD.com, Inc. (NASDAQ:JD)

Number of Billionaire Investors in Q1 2023: 17

JD.com, Inc. (NASDAQ:JD) is a Chinese company headquartered in Beijing, China. It is one of the more popular firms in China, allowing third party merchants to connect with customers.

Insider Monkey’s first quarter of 2023 survey of 943 hedge funds revealed that 59 had held a stake in the firm. JD.com, Inc. (NASDAQ:JD)’s largest hedge fund investor is Chase Coleman and Feroz Dewan’s Tiger Global Management LLC with a $1 billion stake.

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