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Quite atupid to hold on to either both will take a hit.
JD is quite atupid to throw miney jnto a business that Meituan already monopolise. Killing a monopoliy is expensive business.
They will just pull each other down until one.dies
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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likely JD has lot of cash and nowhere to invest. So they invested in a matured and demand business.
JD boss said profit margin is no more than 5% so that workers can benefit. Chinese bosses has different thinking one.
Angmo is do less but high margin and ultimately control the market and then play patents or kill off competitors.
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(5 hours ago)Niubee Wrote: likely JD has lot of cash and nowhere to invest. So they invested in a matured and demand business.
JD boss said profit margin is no more than 5% so that workers can benefit. Chinese bosses has different thinking one.
Angmo is do less but high margin and ultimately control the market and then play patents or kill off competitors.
Dont act smart ok. Yr analysis like primary school standard.
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(5 hours ago)Sharexchange Wrote: Dont act smart ok. Yr analysis like primary school standard.
Liu Qiangdong say one. I didnt add any fake wordings like u do.
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(5 hours ago)Niubee Wrote: Liu Qiangdong say one. I didnt add any fake wordings like u do.
![[Image: Liu-Qiangdong-Chairman-and-CEO-JD-683x1024-1.jpg]](https://jdcorporateblog.com/wp-content/uploads/2020/08/Liu-Qiangdong-Chairman-and-CEO-JD-683x1024-1.jpg)
Who is this kuku idiot ccp?
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(5 hours ago)Sharexchange Wrote: Who is this kuku idiot ccp?
richer than u lah...
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