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Fly News Breaks for March 17, 2015
BABA, JD
Mar 17, 2015 | 07:35 EDT
William Blair upgraded JD.com (JD) to Outperform citing an "attractive" valuation and its belief the company can gain market share in China's business-to-consumer e-commerce market. The firm notes gross merchandise volume growth trends for JD.com accelerated throughout the quarters of 2014, a contrast to competitor Alibaba (BABA). Shares of JD.com closed yesterday down 36c to $27.72.
News For JD;BABA From the Last 2 Days
