Lates News

On September 16, JD.com held a wine tasting event with Guizhou Maotai. Liu Qiangdong revealed that JD.com's development of the wine and travel business will not drag the hotel industry into a price war, allowing hotel operators to further lower prices, "then the three platforms will 'roll up' and cause a decrease in service quality, with profit margins being squeezed and the entire ecosystem being damaged". Liu Qiangdong revealed that JD.com will soon release a new hotel development plan, and there will be a new business model innovation for takeout. (Sina Technology)