京东CEO许冉称恶性竞争无意义，拒绝参与内卷

Core Viewpoint - JD.com CEO Xu Ran emphasized that engaging in "malicious competition" is meaningless, regardless of the volume of subsidies or orders reported by competitors, labeling it as a bubble and irrational competition [1] Group 1 - JD.com has been less aggressive in subsidy actions compared to competitors since July, indicating a strategic choice rather than a lack of capability [1] - The CEO highlighted that the reported order volumes of 150 million or 120 million by other platforms are unsustainable and represent a form of "involution" [1] - The company aims to avoid participating in unhealthy competition that does not benefit the industry or its long-term growth [1]