JD.com (JD, Financial) has experienced a significant increase in its stock value, surging 69% over the past month. Recently, the stock rose by 2.92% to reach $45.11. This growth is linked to the launch of its 11.11 shopping festival, which began at 8 PM local time. During this period, JD.com has planned intensive promotional events to attract consumers.
The company introduced its "Super Sale Day" on October 14, setting the stage for further promotions. Future events include "Billion Dollar Subsidy Day" on October 31 and the "Peak 28 Hours" on November 10, both aimed at boosting sales. To enhance the shopping experience, JD.com is offering free trials of various AI products, including the JD Cloud Yanxi Digital Person, to brand merchants throughout the festival.
