TechNode
On June 5, the Chongqing Coffee Industry Association issued a joint statement with several local independent coffee brands, urging JD.com’s food delivery to halt its aggressive Billion-Yuan Subsidy campaign. The group criticized the platform’s steep discounts on freshly brewed coffee, claiming it has triggered a rapid market-wide price collapse and harmed the long-term health of [……
Read More
Chongqing coffee industry leaders urge JD.com to end subsidy-driven price war
TechNode Feed
08:22
On June 5, the Chongqing Coffee Industry Association issued a joint statement with several local independent coffee brands, urging JD.com’s food delivery to halt its aggressive Billion-Yuan Subsidy campaign. The group criticized the platform’s steep discounts on freshly brewed coffee, claiming it has triggered a rapid market-wide price collapse and harmed the long-term health of
