Although Alibaba remains the clear market leader and continues to invest heavily, China Confidential expects JD.com to gain further ground, helped by the company’s ongoing investment in logistics and its growing consumer base。
尽管阿里巴巴仍是显而易见的市场领先者,并在加大投资力度,但《中国投资参考》预计,在持续加大物流投资和用户基础扩大的帮助下,京东有望夺取更多地盘。
However, continued heavy investment and the high cost of its self-operated model mean the company remains unlikely to post a profit in the near term。
然而,持续的巨额投资和高成本的自营模式,意味着京东在近期仍不大可能实现盈利。
JD.com’s net loss widened to Rmb710.2m in the first quarter, up from Rmb454.3m in the fourth quarter of 2014.
今年第一季度,京东的净亏损额从2014年第4季度的4.543亿元人民币扩大到了7.102亿元人民币。
Its investment-led approach is enabling JD.com to slowly close the gap on Alibaba, reflected in rising popularity and relative share price outperformance over the past year. But it remains to be seen how long investors will be prepared to wait for the asset-heavy online retailer to post a profit。
在投资驱动模式下,京东得以慢慢缩小与阿里巴巴的差距,这一点从过