Chinas E-Commerce Companies Are Getting Singed by a Price War

Chinas e-commerce companies are getting singed by a price war

CHINA-ECOMMERCE/PROFITS (ANALYSIS, PIX):ANALYSIS-China's e-commerce companies are getting singed by a price war

China’s e-commerce companies are getting singed by a price war

It is expected that the bitter battle between China’s main online companies to win the war of “instant retailers” further deplies its short and medium term profits and contribute to deflational pressures in the second largest economy in the world. The tastes of Alibaba, Meituan and JD.com have been flooding consumers with discounts and coupons to obtain market share in the boom of an hour delivery, burning their cash in the process, eating margi…

China's e-commerce companies are getting singed by a price war

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