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JD
Reuters
189 days

China's JD.com moves into food delivery, starts recruiting restaurants

1. JD.com is entering China's competitive food delivery market by registering catering merchants. 2. This move diversifies JD's services, potentially increasing market share and revenue streams.

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FAQ

Why Bullish?

Expanding into food delivery could enhance JD's competitive edge and revenue, similar to Alibaba's success in the sector.

How important is it?

The venture into food delivery represents significant strategic expansion, impacting future profitability and market position.

Why Long Term?

Building a successful food delivery service may take time, indicating a gradual impact on JD's growth.

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