PREVIEW

... d. It was the same old talk: orderly competition, don’t overheat.

Of course, the most important thing is to avoid involving offline physical stores in the subsidy battle.

Because all major brands are offering too high subsidies now, the platforms themselves cannot bear all the costs.

So part of the subsidy costs need to be borne by the participating stores.

This has caused the actual expenses of the merchants to increase.

The intention now is not to shut d ...

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