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There are a lot of short essays now. What is quite believable is that a forward-looking financial report was distributed last night. Yes $JD-SW (09618.HK)$ Q3preCall, is probably Q3. The estimated group growth rate is 0-1%. The growth rate of JD retail sales was -1% -0. Core e-commerce is about to grow negatively. This is the reason why $JD (JD) $ plummeted by 8 points last night
Overall, retail sales in JD have grown from double digits to single digit growth to negative growth in the upcoming Q3. On the surface, JD's problem is the impact of Pinduoduo and live e-commerce, but the more serious problem is still a systemic problem with its own model and organizational structure. Therefore, after Liu Qiangdong's return, the focus was on “low prices” and “organizational adjustments,” but at least for now, no obvious results have been seen. $JD.com (JD.US)$
Overall, retail sales in JD have grown from double digits to single digit growth to negative growth in the upcoming Q3. On the surface, JD's problem is the impact of Pinduoduo and live e-commerce, but the more serious problem is still a systemic problem with its own model and organizational structure. Therefore, after Liu Qiangdong's return, the focus was on “low prices” and “organizational adjustments,” but at least for now, no obvious results have been seen. $JD.com (JD.US)$
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