...December 6, 2022 - JD.com Inc. (JD) has gained market share from traditional electronics retailers and e-commerce players in the past two years, partly by leveraging its strong logistics operations amid COVID-19 controls. - Although e-commerce growth could moderate as China gradually relaxes its COVID-19 controls, JD should fare relatively well. - On Dec. 7, 2022, S&P Global Ratings raised its long-term issuer credit rating on JD and long-term issue ratings on its senior unsecured notes to 'A-' from '###+'. - The stable outlook on JD assumes the company will book higher revenue growth than most electronics retail and e-commerce peers over the next two years and its EBITDA margin will stay at about 3%. HONG KONG (S&P Global Ratings) Dec. 7, 2022--S&P Global Ratings today took the rating actions listed above. We upgraded JD because of its good performance and expect the momentum to continue. JD has performed solidly in the past two years. For the first nine months of 2022, the company's revenue...
