Ma Yun and Liu Qiangdong both smell danger# Ma Yun and Liu Qiangdong smell danger
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What we have seen on Wall Street: Ma Yun and Liu Qiangdong both smell danger.Ma Yun and Liu Qiangdong both smell danger
What we have seen on Wall Street: Ma Yun and Liu Qiangdong both smell danger.
Ma Yun and Liu Qiangdong both smell danger. Turning to the "low price game", Ma Yun judged that Ali should return to Taobao. Liu Qiangdong said frankly that he had lost the advantage of low price.
Jack Ma believes that the current competitive situation is very severe. Taotianji's three directions of low prices are "1", and other advantages such as quality and service will all return to zero. Pinduoduo "went global", and both revenue and profit in the first quarter exceeded expectations. Temu has a rapid growth momentum, with the download volume of Temu in the six months since its launch.
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