NEW YORK (TheStreet) -- JD.com (JD) shares are up 1.2% to $27.84 in early market trading on Thursday after the Chinese online direct sales company had coverage initiated with a "market perform" rating by analysts at William Blair.
If it can bring this to the U.S., there may be no stopping the discount king.
The internet giant missed earnings estimates despite a 60% increase in revenue.
Alibaba slips in premarket trading Thursday after a monster share buyback fails to ease the pain of a fourth-quarter earnings miss.
Alibaba reported an earnings surprise last quarter.