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JD-SW's Total Investment in Food Delivery Biz This Yr Will Drop YoY if Mkt Competition Stabilizes, Says Sandy Xu
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JD-SW (09618.HK) CEO Sandy Xu and CFO Ian Shan attended an analyst conference call yesterday (5th). Xu disclosed that JD-SW made substantial investments in operations and R&D for its food delivery business in 2025, the starting year for this business. This year, JD-SW will continue to strengthen capacity building, increase the supply of quality merchants and products, enhance user experience, and gradually achieve commercialization through services provided to merchants, while maintaining a reasonable monetization rate. JD-SW's goal is to continuously improve operational efficiency and achieve healthy business growth. If market competition remains stable, Xu stressed that this year's total investment in the food delivery business will drop compared to last year. AAStocks Financial News |
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