VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Sunday, January 11, 2026
Stock Comparison
JD.com, Inc. vs Brown & Brown, Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
JD.com, Inc.
9618.HK · Hong Kong Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into JD.com, Inc.'s moat claims, evidence, and risks.
View 9618.HK analysisBrown & Brown, Inc.
BRO · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Brown & Brown, Inc.'s moat claims, evidence, and risks.
View BRO analysisComparison highlights
- Moat score gap: JD.com, Inc. leads (64 / 100 vs 61 / 100 for Brown & Brown, Inc.).
- Segment focus: JD.com, Inc. has 3 segments (87.7% in JD Retail); Brown & Brown, Inc. has 2 segments (59% in Retail).
- Primary market structure: Oligopoly vs Competitive. Pricing power: Weak vs Moderate.
- Moat breadth: JD.com, Inc. has 7 moat types across 3 domains; Brown & Brown, Inc. has 5 across 3.
Primary market context
JD.com, Inc.
JD Retail
China e-commerce retail and marketplace (B2C) plus merchant marketing services
China
Consumers (end-users) and merchants/brands (sellers/advertisers)
Retailer + marketplace operator
87.7%
Brown & Brown, Inc.
Retail
Retail insurance brokerage and agency services (commercial P&C, employee benefits, personal lines) plus dealer F&I risk-mitigating products
Primarily United States; also selected international operations
Commercial (SMB to mid-market), public/quasi-public entities, professional and individual insured customers; auto/RV dealers for F&I
Insurance intermediary (agent/broker) and risk solutions advisor
59%
Side-by-side metrics
Moat coverage
Shared moat types
JD.com, Inc. strengths
Brown & Brown, Inc. strengths
Segment mix
JD.com, Inc. segments
Full profile >JD Retail
Oligopoly
JD Logistics
Competitive
New Businesses
Competitive
Brown & Brown, Inc. segments
Full profile >Retail
Competitive
Specialty Distribution
Oligopoly
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View expansion-stage stocksCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.