PREVIEW

... n comparing the two.

It’s evident.

Huaxia residents feel more connected to ’Jingdong,’ and similar companies like Su Ning and Gome have already gone public. Therefore, Jingdong became ERV’s first choice in e-commerce layout in Huaxia.

-Cheaper.

-Similar ideology.

-Lacks funds.

Tang Qing is openly Ali’s major shareholder, so direct involvement is inappropriate. Going all out, ERV invested in Penguin, then Jingdong, making everyone see this as a norm ...

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