JD.com spends 10 billion yuan annually to attack the sinking market
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On November 8th, JD's discount shopping brand "Jingxi Self operated" disclosed its business details for the first time, announcing an annual investment of 10 billion yuan, mainly for product price subsidies, traffic operation support, and logistics freight subsidies, aiming to compete with peers for the white label product market.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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