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JD.com Takeout has launched a 10 billion subsidy, investing over 10 billion within a year.
Sina Technology reported on April 10 that JD.com's food delivery service announced that it will officially launch a subsidy of 10 billion yuan at 8 AM on April 11. JD.com will invest over 10 billion yuan within a year through a dual mechanism of "Q&M Dental subsidies + direct price reductions on hot products" to provide real discounts for consumers. At the same time, it will work with merchants to achieve long-term benefits and help quality Dining businesses continuously improve their Operation efficiency. In the future, the platform will continue to introduce a series of subsidy measures and merchant support policies. Starting from April 11, JD.com will distribute subsidies of up to 20 yuan to all users, with daily draws available, covering all Dining outlets on the JD.com food delivery platform.
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Investors are worried about a potential economic recession, and USA Dining stocks have dropped.
Key points: Due to investors' concerns about the upcoming economic recession, stocks of restaurant chains such as McDonald's and Chipotle have fallen. Although President Donald Trump's tariff policies will not directly impact restaurants significantly, a further decrease in consumer spending could harm them. Historically, fast food chains perform best during economic downturns. On Monday's early trading, restaurant stocks dropped driven by investors' worries about the recession. After shocking the market with high tariffs on imported commodities from major trading partners, the US stock market has fallen for three consecutive days.
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