Group 1 - JD.com has officially completed the acquisition of Hong Kong-based supermarket chain Jia Bao, establishing a new business unit focused on innovative retail [2] - The acquisition is seen as a strategic move to strengthen JD.com's supply chain capabilities and marks its entry into the Hong Kong physical retail market [2] - Jia Bao, founded in 1991, operates over 90 stores in Hong Kong and is known for its affordable pricing and wide range of products [2] Group 2 - JD.com previously announced a significant investment of RMB 1.5 billion to enhance its market presence in Hong Kong, focusing on price subsidies and service optimization [3] - The company has introduced various consumer-friendly services, including a price guarantee and free shipping for self-operated products [3] - JD.com is also lowering entry barriers for local merchants by offering zero commission and no annual fee policies [3]
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