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JD.com, Inc. (JD): A Bear Case Theory 

We came across a bearish thesis on JD.com, Inc. on Coughlin Capital’s Substack by Brian Coughlin. In this article, we will summarize the bulls’ thesis on JD. JD.com, Inc.'s share was trading at $29.83 as of November 28th. JD’s trailing and forward P/E were 9.94 and 9.92 respectively according to Yahoo Finance.

[caption id="attachment_1312781" align="aligncenter" width="768"] Computer with charts[/caption]

JD.com, Inc. operates as a supply chain-based technology and service provider in the People's Republic of China. Over the past year, JD.com has shown strong top-line...