11:22 PM EST, 02/21/2023 (MT Newswires) -- JD.com (HKG:9618) plans to launch a new shopping channel to be called 10 Billion Yuan, which will feature more discounts, Yicai Global reported Tuesday.
10 Billion Yuan is now in the final stages before it chooses goods for sale and completes the pricing system, the report said, citing news site 36Kr.
Discounts will cover all categories, including computers, communication devices, and consumer goods, the report said, citing an unnamed source.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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