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JD-SW 7Fresh Reportedly Aims to Top Peers in Price Competitiveness, Plans to Upgrade Discount During 618
JD-SW (09618.HK)'s 7Fresh explicitly requested at a recent meeting that it must be the first in the industry in terms of price competitiveness on the basis of better quality of...
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JD-SW 7Fresh Reportedly Aims to Top Peers in Price Competitiveness, Plans to Upgrade Discount During 618
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JD-SW (09618.HK)  -0.600 (-0.453%)    Short selling $103.35M; Ratio 11.603%   's 7Fresh explicitly requested at a recent meeting that it must be the first in the industry in terms of price competitiveness on the basis of better quality of goods than other platforms, Chinese media quoted sources as saying.

As a result, 7Fresh planned to upgrade its price cuts during 2025 618 event, increasing the discount on core products from the original 10% to nearly 20%.

Related NewsCMSI: JD.com (JD.US)'s Recent Higher Investment in Food Delivery Biz Achieves Initial Satisfactory Results
JD-SW has not responded for the time being.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.)

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