Billionaire George Soros Stock Portfolio: Top 10 Stock Picks

6. JD.com, Inc. (NASDAQ:JD)

Soros Fund Management’s stake as of Q3: $109.2 million

JD.com, Inc. (NASDAQ:JD) is a leading Chinese e-commerce company that specializes in computers and other electronic products, all the while operating as a supply chain-focused tech provider. Making use of its logistics network, JD.com has secured its position as a key player in China’s online retail market.

The company’s leadership in China’s 2025 national trade-in program is expected to drive notable growth, with Citi affirming a Buy rating on the JD stock alongside a price target of $51, signaling decent potential upside. The 2025 trade-in initiative, launched on January 1, reaches more than 90% of China’s counties and rural areas. Citi believes that JD’s strong supply chain, omni-channel strategy, and partnerships with provinces like Jiangsu can position the company as a preferred partner for local governments.

In the fiscal third-quarter of 2024, JD.com Inc. (NASDAQ:JD) reported a 48% year-over-year surge in net profit to $1.62 billion, driven by a 5.1% revenue increase to $260.39 billion. The company’s largest revenue segment, Retail sales, also grew by 6.1%, while logistics sales jumped by 7.9%.