JD.com CEO Xu Ran: This year's investment in delivery is lower than last year
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JD.com CEO Xu Ran stated at the Q4 2025 earnings conference that as of the end of February this year, JD.com has over 50 Seven Fresh kitchens in operation. JD.com’s food delivery service plans to improve operational efficiency while maintaining healthy growth, with expected delivery investments in 2026 to be lower than in 2025
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