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JD.com (JD) and BYD Enters a Strategic Partnership
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JD.com, Inc. (NASDAQ:JD) is one of the Cheap Stocks to Buy for High Returns in 2026. On March 13, Reuters reported that JD.com, Inc. (NASDAQ:JD) and BYD have formed a strategic partnership on building and expanding fast charging electric vehicle stations. Both companies have already launched the first jointly developed charging station at Shenzhen. The station includes a JD.com-run convenience store, coffee shop, and retail space to enhance user experience during charging. The companies aim to develop more stations combining EV charging with retail and services. Under the partnership, both companies will decide on site selection and vehicle ecosystem services. The partnership will also leverage JD.com’s office parks and logistics sites to accelerate network growth across China. JD.com, Inc. (NASDAQ:JD) is a leading technology-driven, supply chain-based e-commerce giant in China, often described as the “Amazon of China.” It primarily operates through online retail and marketplace platforms (JD Retail), offering a wide range of products including electronics, appliances, and groceries, alongside comprehensive logistics services (JD Logistics). While we acknowledge the potential of JD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.