What happened Shares of JD.com (NASDAQ: JD) were gaining today after China's biggest direct online retailer posted blowout results during Singles' Day, the unofficial Nov. 11 holiday that is China's largest shopping event. As of 11:44 a.m. EST on Thursday, JD stock was up 6%. Image source: JD.com. So what Singles' Day, when the Chinese shower gifts on the country's bachelors and bachelorettes, dwarfs any comparable American shopping holiday, including Amazon Prime Day, Black Friday, or Cyber Monday. In its 11-day sales event, which started at the beginning of the month, JD reported a record $41.1 billion in gross merchandise volume, which is roughly what Amazon does in an average month. Sales doubled, or even tripled, in a number of key categories, including gaming laptops and phones, smartwatches, pet products, fresh produce, high-end beauty products, and luxury products. As a sign of its prowess in logistics, JD also delivered 93% of first-party orders in just one day. The strong performance showed that JD hasn't lost the momentum it gained during the pandemic in areas like groceries and healthcare, where the company saw a spike in orders for flu vaccinations and pharmacy delivery orders. Now what JD was one of several Chinese e-commerce companies, including Alibaba, to report strong Singles' Day numbers, showing that e-commerce demand remains elevated even as the pandemic has eased in China. JD has already been a big winner this year with the stock up 150% year to date, and the Singles' Day results bode well for the company's third-quarter report, which is due out on Nov. 16. Analysts are anticipating a 33.5% jump in sales to $25.7 billion and for earnings per share to increase from $0.29 to $0.40. JD has easily beaten estimates recently, so don't be surprised if it does it again next week. 10 stocks we like better than JD.comWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and JD.com wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of October 20, 2020 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jeremy Bowman owns shares of Amazon and JD.com. The Motley Fool owns shares of and recommends Alibaba Group Holding Ltd., Amazon, and JD.com and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. The Motley Fool has a disclosure policy.Source