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JD-SW Claims No Involvement in 'Zero-Dollar Purchases' Amid Food Delivery War
Regarding the recent subsidy battle in China's food delivery industry, JD-SW (09618.HK) (JD.US) claimed that the "zero-dollar purchase' and "18-18" malicious...
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JD-SW Claims No Involvement in 'Zero-Dollar Purchases' Amid Food Delivery War
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Regarding the recent subsidy battle in China's food delivery industry, JD-SW (09618.HK)  -0.700 (-0.535%)    Short selling $100.29M; Ratio 18.067%   (JD.US)      claimed that the "zero-dollar purchase' and "18-18" malicious subsidy strategies are manifestations of severe involution and vicious competition, in which the group has not participated at all, according to yicai.com.

JD-SW stressed that the group instead has its focus on reducing industry commissions, paying social insurance for delivery riders, signing formal labor contracts, and promoting quality food delivery since March this year.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-22 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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