$Alibaba(BABA.US)$JD.com(JD.US)$Meituan(MPNGY.US)Will JD.com be affected?
On the morning of September 9th, the market suddenly reported that Alibaba would officially announce the launch of a new group buying product and evaluation system in the next couple of days, directly competing with Meituan's core business. Journalists learned that on Wednesday (September 10th) morning, there would indeed be a significant business press conference held by Alibaba in the Xixi C District of Hangzhou, scheduled for half a day in the morning. However, Alibaba did not specify whether it was a press conference for the group buying business. (Securities China)
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