Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
JD-SW Claims No Involvement in 'Zero-Dollar Purchases' Amid Food Delivery War
Recommend 7 Positive 13 Negative 3 |
||||
|
||||
|
Regarding the recent subsidy battle in China's food delivery industry, JD-SW (09618.HK) (JD.US) claimed that the "zero-dollar purchase' and "18-18" malicious subsidy strategies are manifestations of severe involution and vicious competition, in which the group has not participated at all, according to yicai.com. JD-SW stressed that the group instead has its focus on reducing industry commissions, paying social insurance for delivery riders, signing formal labor contracts, and promoting quality food delivery since March this year. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
