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JD.com (JD)
#11
The biggest rivals aren't major threats to narrow this moat right now. Alibaba enjoys wide margins precisely because it does not have to worry about building and maintaining huge delivery networks -- though it is making moves in that direction. And Tencent -- the $500 billion social media and gaming giant -- has a history of working as partners with JD. And JD is taking a page right out of the Amazon playbook. Last year, the company reworked its JD Plus premium membership program to include access to free e-books, special rebates, and...you guessed it...free shipping. It also recently threw in a premium membership to streaming giant iQiyi recently to sweeten the JD Plus benefits for members.

It's Time to Get Greedy with JD.Com Inc (ADR) Stock

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