JD kicks off $1.4 billion subsidy program

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Chinese e-commerce giant JD kicked off its RMB 10 billion ($1.4 billion) subsidy campaign at midnight on March 6, intensifying a price war with rival Pinduoduo. The discounts, which were rolled out 20 hours ahead of schedule, apply to all categories sold by JD’s self-operated stores and third-party merchants…
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作者 gocpmall