• The company is still in the land-grab phase, but myopic investors don’t seem to notice.
• This is odd, because the contours of what is being created is hidden in plain sight, the company is building a formidable platform and end-to-end logistics business, among other things.
• We have little doubt this will pay off for the patient investor.

Source: The Market Myopia Regarding JD.Com – JD.com (NASDAQ:JD) | Seeking Alpha