...June 7, 2022 - We believe JD.com Inc.'s business fundamentals remains intact despite significant COVID-19-related disruptions since early this year, and could very well be strengthening. - JD.com should bounce back from a weak second quarter. However, its performance will be softer than our original forecast because we believe COVID restrictions have hit consumer sentiment. - On June 7, 2022, S&P Global Ratings affirmed its '###+' long-term issuer credit rating on JD.com and the '###+' long-term issue rating on the senior unsecured notes issued by the China-based e-commerce company. - The positive outlook reflects our view that JD.com's market position in retail and logistics is likely to strengthen over the next 12 months despite disruptions caused by COVID-related restrictions. HONG KONG (S&P Global Ratings) June 7, 2022--S&P Global Ratings today took the rating actions listed above. JD.com's business fundamentals remain resilient. We expect the company to bounce back fairly quickly from...
