Analyst Coverage

Firm Analyst
86Research Limited
Ming Zhao
BAML
Eddie Leung
Bank of China International
Jamie Shen
Blue Lotus Research Institute
Tianli Wen
CCB International Securities Ltd
Ronnie Ho
China International Capital Corp
Natalie Wu
China Renaissance
Ella Ji
Citi Research
Alicia Yap
CLSA
Elinor Leung
Credit Suisse
Thomas Chong
Daiwa Securities Co. Ltd.
John Choi
Goldman Sachs
Ronald Keung
J.P.Morgan
Alex Yao
Macquarie
Wendy Huang
MKM Partners
Rob Sanderson
Morgan Stanley
Grace Chen
Nomura
Jialong Shi
Stifel
Scott Devitt
T.H. Capital Research
Tian X. Hou
UBS
Jerry Liu

JD.Com, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding JD.Com, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of JD.Com, Inc. or its management. JD.Com, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.