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flag Alibaba and JD.com face the challenge of maintaining profit margins.

flag Chinese e-commerce giants Alibaba and JD.com face a delicate balance in offering discounts to compete with low-cost platforms like Pinduoduo and Douyin, while maintaining profit margins. flag With Chinese consumers seeking lower-cost shopping amid economic growth concerns, these giants must navigate the challenge of meeting consumer demand without sacrificing profitability.

11 months ago
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