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Hong Kong stocks can't stop falling.
Will it be a safe haven for global capital?
jd.com (09618) responds to increasing subsidies of billions for beauty: additional investment will not be less than 3 billion.
Jingdong Group (09618) is reportedly going to make significant adjustments to the tens of billions in subsidies in the near future, adding special subsidies to support the cosmetics category, covering cosmetics products from both self-operated and third-party merchants. After the new round of subsidies is injected, it is expected that all cosmetics products participating in the tens of billions in subsidies on JD.com will see a price reduction of 10% to 30%. In response to this, Jingdong responded, "The news is true, and the additional investment will be no less than 3 billion, covering the entire cosmetics category."
Hong Kong Shares Rise, Tracking Wall Street Rebound -- Market Talk
China Federation of Logistics and Purchasing: The e-commerce logistics index for July 2024 is 114.1 points.
On August 7th, China Federation of Logistics and Purchasing and jd.com (09618) jointly released the China E-commerce Logistics Index for July 2024, which was 114.1 points, down 0.7 points from the previous month.
Wu Sheng evaluates Black Cat complaint: a genuine user feedback is worth more than thousands of praises.
On the afternoon of August 4th, at the New Species Explosion·Wu Sheng Business Methodology released in 2024, Wu Sheng, the founder of the Scene Lab, said that choosing the right starting point and scaling connection are important ideas in the scenario methodology. Wu Sheng cited the Black Cat Complaints under Sina.com as a business case and said, "This correct starting point may be very small, like a complaining Weibo, but it has truly become the folk 315 now, and even CCTV's 315 has to rely on it." He said, "The decentralized and transparent mechanism formed by a media platform's credibility system has actually made many companies highly valued."
JD.com (JD) Gains 12.8% in 6 Months: What's Next for Investors?
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