Lates News

JD, together with over 100 brands such as Haier and Midea, officially launched the "Billion Double Subsidy" plan for household appliances and home furnishings. On one hand, JD plans to join forces with brands to collectively invest 10 billion yuan in special subsidies over the next year to lower the threshold for consumers to replace their appliances. On the other hand, JD will leverage its advantages in large-scale procurement in the supply chain to help partner brands reduce costs and increase efficiency. (JD Blackboard News).