bearish
[JD.com (JD US) Target Price Change]: JD May Face 5bn Profit Reduction for Subsidy Campaign
314 Views07 Mar 2023 10:33
JD launched “10bn subsidy” campaign on March 5th. We suggest that smartphone and electronics is the main product category and the prices for comparable products are relatively the same as PDD.
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Blue Lotus Research Institute
China growth and global non-US Internet equities
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