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ValueWalk
ValueWalk
Chinese retail giant JD.com declined close to 12% on Tuesday following breakout news of a subsidy to sponsor lower price competition in lower-income and small-town areas.Such a move is targeted to overtake the market share from PDD Holdings and focuses its revenue bulk in such regions.Markets have taken a negative stance toward such a move, and so has management; however, there are actual numbers to back up such a bearish view on this decision,Which is the better buy? PDD or JD.com?5 stocks we like better than Amazon.comQ4 2022 hedge fund letters, conferences and more Find A Qualified Financia…
