One Factor Driving JD.com (JD) Stock to a New High Today

NEW YORK (TheStreet) -- JD.com  (JD) continued to rise to a new high of $24.73 on Wednesday after Marbridge Daily reported a shopping portal sourced from JD.com and its e-commerce sites has appeared on Tencent's WeChat app.

The site reports that some users who upgraded to version 5.3 of the app noted a shopping portal appeared in the app's "discover" channel alongside the existing "moments" and "games" portal. The portal will reportedly reach all WeChat users in the future.

The stock was up 6.31% to $24.42 at 10:27 a.m.

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JD Price Chart

JD Price data by YCharts

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