Sou Hu Cai Jing·2025-08-13 08:20Core Viewpoint - The CEO of JD Group, Xu Ran, has expressed clear opposition to the ongoing "takeout war" and "malicious subsidies" in the market, labeling it as a bubble that disrupts the pricing system and leads to a lose-lose situation for all parties involved [1] Group 1: Market Dynamics - Xu Ran highlighted that the recent surge in order volumes, such as 150 million or 120 million orders, is indicative of a bubble and represents irrational competition rather than genuine market growth [1] - The current subsidy war is characterized by a lack of innovative business models and does not create incremental value, primarily serving to suppress competitors [1] Group 2: Company Philosophy - The company does not support the practice of "malicious subsidies" and has refrained from participating in such activities since July [1] - JD Group emphasizes the importance of establishing long-term labor relationships with delivery personnel, advocating for signing labor contracts and providing social insurance benefits [2][3] - The company's business logic is centered around long-term relationships with employees, rather than exploiting them for short-term gains [2][3]