JD valuation is illogical.| Buying JD at $23, selling at $36. |
http://JD.com's "valuation is illogical, with the stock priced as if the company is going out of business soon"
"The discrepancy is quite perplexing. Pinduoduo with a market capitalization of $187.20BN realizes $6.22BN in operating income, while JD.com with a market capitalization of $36.54BN realizes $3.72BN in operating income."
seekingalpha.com