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JPMorgan: JD.com Likely to Exit Food Delivery Price War in Q3, Presenting Challenges to Alibaba and Meituan
2025-08-18 /
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Author：小编
According to a recent research report from JPMorgan, JD.com incurred investment losses of RMB 13 billion in its food delivery business during the second quarter, surpassing expectations of RMB 10 billion. The report anticipates that JD.com may withdraw from the fiercely competitive food delivery market in the third quarter due to mounting financial pressures. In stark contrast, Alibaba is poised to maintain its investments in the food delivery sector, driven by strategic imperatives.
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