Analyst Coverage

Firm Analyst
86Research Limited
Xiaoyan Wang
Arete
Shawn Yang
Barclays
Jiong Shao
Bank of America
Joyce Ju
Bank of China International
Michael Meng
Bernstein
Robin Zhu
Blue Lotus Capital Advisors Ltd.
Eric Wen
BOCOM International
Mengqi Sun
CCB International Securities Ltd
Cathy Chan
China Galaxy International Securities (China) co. Ltd
Lei Yang
China Industrial Securities
Luyun Zhou
China International Capital Corporation
Yang Bai
China Merchants Securities
Tommy Wong
China Renaissance
Ella Ji
China Securities
Botao Yu
Citi Research
Alicia Yap
CITIC Group
Qingpu Yang
CMB Internation
Saiyi He
Credit Lyonnais Securities Asia
Elinor Leung
Daiwa Capital Markets Hong Kong Ltd.
John Choi
DBS Vickers Securities
Tsz-Wang Tam
Deutsche Bank
Leo Chiang
Dongwu Securities
Liangwei Zhang
Essence Securities
Beibei Zhou
Everbright Securities
Ran Tian
First Shanghai Securities Ltd
Peter Han
GF Securities Co. Ltd.
Wenxin Ji
Goldman Sachs
Ronald Keung
Guotai Junan Securities Ltd.
Heping Qin
Guosen Securities
Lunke Zhang
Guosheng Securities
Vicky Xia
Haitong International Securities Group Ltd.
Natalie Wu
HSBC
Charlene Liu
Hua Tai Securities Co., Ltd.
Lulu Xia
ICBC Research
Zeping Zhao
J.P.Morgan
Alex Yao
Jefferies Hong Kong
Thomas Chong
Loop Capital Markets
Rob Sanderson
Macquarie Group
Ellie Jiang
Mizuho Bank Ltd.
James Lee
Morgan Stanley
Eddy Wang
Morningstar
Chelsey Tam
New Street Research
Jin K. Yoon
Nomura International (Hong Kong) Ltd.
Jialong Shi
Orient Securities
Wenqian Xiang
Susquehanna International Group
Shyam Patil
Southwest Securities
Xiangjie Wang
SWS Research
Lingyi Zhao
TF Securities
Rong Kong
T. H. Capital, LLC
Tian Hou
The Benchmark Company
Fawne Jiang
UBS Securities Asia Ltd.
Kenneth Fong
UOB Kay Hian Ltd.
Julia Pan
US Tiger Securities, Inc.
Bo Pei
Zhongtai Securities
Chelsea Han

JD.Com, Inc. is followed by the analysts listed. 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 or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.