JD.com’s Battle to Revive Shares Clouded by Curry’s Acquisition

(Bloomberg) — Investors bargain hunting in China’s beaten-down market may bypass ultracheap shares of JD.com Inc. until the e-commerce firm can prove success overseas.

The company’s latest plan to seek growth abroad through the possible acquisition of British electronics retailer Currys Plc. is meeting with skepticism. Meanwhile, its efforts to revitalize slumping domestic sales have borne little fruit amid weak Chinese consumer spending and brutal competition.