Analyst Coverage

Firm Analyst
86Research Limited
Xiaoyan Wang
Bank of America Merrill Lynch
Eddie Leung
Bank of China International
Nanyang He
Gregory Zhao
David Dai
Blue Lotus Capital Advisors Ltd.
Shawn Yang
BNP Paribas
Alvin Jiang
BOCOM International
Mengqi Sun
CCB International Securities Ltd
Ronnie Ho
China International Capital Corporation
Natalie Wu
China Merchants Securities
Leo Liu
China Renaissance
Ella Ji
China Galaxy International Securities (China) co. Ltd
Lei Yang
Citi Research
Alicia Yap
Weiqiang Lin
Credit Lyonnais Securities Asia
Elinor Leung
Credit Suisse
Tina Long
Daiwa Capital Markets Hong Kong Ltd.
John Choi
DBS Vickers Securities
Susanna Chui
Essence Securities
Xin Wang
First Shanghai Securities Ltd
Peter Han
GF Securities Co. Ltd.
Tao Hong
Goldman Sachs
Ronald Keung
Guotai Junan Securities Ltd.
Danny Law
Haitong International Securities Group Ltd.
Billy Leung
Binnie Wong
Hua Tai Securities Co., Ltd.
Saiyi He
ICBC Research
Vicky Wu
Alex Yao
Jefferies Hong Kong
Thomas Chong
KeyBanc Capital Markets
Hans Chung
Loop Capital Markets
Rob Sanderson
Macquarie Group
Han Joon Kim
Mizuho Bank Ltd.
Fang Wei
Morgan Stanley
Eddy Wang
Chelsey Tam
New Street Research
Jin K. Yoon
Nomura International (Hong Kong) Ltd.
Jialong Shi
Stifel Financial Corp.
Logan Thomas
Susquehanna International Group
Shyam Patil
SWS Research
Lingyi Zhao
T. H. Capital, LLC
Tian Hou
The Benchmark Company
Fawne Jiang
UBS Securities Asia Ltd.
Jerry Liu
UOB Kay Hian Ltd.
Julia Pan

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.