JD.com backs its merchants with $1.5 billion. But investors aren’t buying it
京东百亿补贴抢生意 投资者拒投信心一票

China’s No. 2 e-commerce company launched a 10 billion yuan subsidy plan for its merchants, as it eyes improving consumer sentiment in the second half of this year
京东推出针对拼多多的“百亿补贴计划”所费不菲，加上看淡今年上半年零售前景，即使去年业绩理想，也未能安抚投资者的负面情绪。