MetaCap

Maplebear (CART) vs JD.com (JD)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Maplebear (CART) has outperformed JD.com (JD) over the past year, gaining 16.0% versus a loss of 22.5%. JD.com is the larger company by market cap ($36.50 billion vs $10.73 billion), about 3.4 times the size. On valuation, JD.com trades at a lower forward P/E (6.4x vs 9.2x for Maplebear).

JD.com pays a dividend yielding 25.87%, while Maplebear does not currently pay one. Maplebear converts more of its revenue into profit, with a net margin of 11.9% versus 1.8%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CART+15.95%JD-22.53%
+36%+3%-31%
Oct 7, 20251 yearOct 7, 2026
CART+50.70%JD-11.11%
+80%+23%-34%
Sep 18, 20235 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CART versus JD key metrics
MetricCARTJD
Share price$45.21$27.03
Market cap$10.73B$36.50B
1-day change-0.57%+2.00%
YTD return+0.51%-5.82%
1-year return+15.95%-22.53%
5-year return—-66.80%
P/E ratio (TTM)24.8418.90
Forward P/E9.236.45
EPS (TTM)$1.82$1.43
Dividend yield0.00%25.87%
Annual dividend$0.00$6.99
Revenue (latest FY)$3.74B$187.20B
Revenue growth (YoY)+10.78%+17.91%
Net income (latest FY)$447.00M$3.31B
Gross margin73.70%16.04%
Operating margin13.31%0.21%
Net margin11.95%1.77%
52-week high$52.68$35.06
52-week low$32.73$24.51
Distance from 52-week high-14.18%-22.90%
Analyst consensusbuystrong_buy
Avg. price target upside+28.75%+46.13%
Average volume4.04M7.33M
Shares outstanding237.33M1.35B
Employees3,600900,000
SectorConsumer DiscretionaryConsumer Discretionary
IndustryBusiness ServicesOther Specialty Stores

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • JD.com is about 3.4 times larger than Maplebear by market value ($36.50B vs $10.73B).
  • CART has outperformed JD by 38.5 percentage points over the past year.
  • Maplebear trades at a higher earnings multiple (24.8x vs 18.9x trailing P/E).
  • JD.com offers a meaningfully higher dividend yield (25.87% vs 0.00%).
  • Maplebear is more profitable, keeping 11.9 cents of every revenue dollar as net income versus 1.8 cents for JD.com.
  • JD.com grew revenue faster in its latest fiscal year (+17.91% vs +10.78%).

About Maplebear

CART stock →

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally. The company offers Instacart Marketplace which helps retailers serve customers' needs by supporting fulfillment options, shopping occasions, and categories; Instacart Enterprise platform, an end-to-end technology solution for retailers across all aspects of business; and Instacart Ads, enables brands to learn more about general consumer behavior from discovery to purchase, offering insights about how to optimize advertising spend.

Consumer Discretionary · Business Services · 3,600 employees

About JD.com

JD stock →

JD.com, Inc. operates as a supply chain-based technology and service provider in the People's Republic of China and Europe.

Consumer Discretionary · Other Specialty Stores · 900,000 employees

CART vs JD FAQ

Which is bigger, Maplebear or JD.com?

JD.com (JD) is larger, with a market capitalization of $36.50B compared with $10.73B for Maplebear (CART).

Which stock has performed better over the past year, CART or JD?

CART returned +15.95% over the past 12 months, compared with -22.53% for JD (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, CART or JD?

JD has the lower trailing P/E at 18.9, versus 24.8 for CART. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Maplebear or JD.com?

JD.com pays a dividend yielding 25.87%, while Maplebear does not currently pay a regular dividend.

Are Maplebear and JD.com in the same industry?

Both are in the Consumer Discretionary sector, but in different industries: Business Services for Maplebear and Other Specialty Stores for JD.com.

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