JD.com Prices At $19, Higher Than Its Initially Proposed Range

 JD.com, fresh off rumors that its IPO is massively oversubscribed, priced at $19 per share, higher than its initially proposed range of $16 to $18 per share. The pricing indicates market appetite for shares in the Chinese company that is analogous to Amazon. As the Wall Street Journal notes, Amazon is down steeply so far this calendar year. The JD.com pricing comes right after Weibo reported… Read More