Sou Hu Cai Jing·2025-08-18 12:10Group 1 - JD Group has completed the acquisition of Hong Kong-based supermarket chain Jia Bao, establishing a new business unit called Innovative Retail - Jia Bao [1] - Jia Bao operates over 90 stores in Hong Kong and employs more than 1,000 staff, primarily selling frozen meat, fresh produce, and grocery items [1] - JD aims to leverage its supply chain capabilities to optimize product costs and provide better value products to Hong Kong consumers [1] Group 2 - JD has previously made significant investments in the Hong Kong market, including a commitment of 1.5 billion yuan for local price subsidies and logistics development [3] - The company launched a "Price Guarantee" service and a 180-day exchange policy for home appliances in March [3] - To celebrate the acquisition, JD Jia Bao Supermarket will hold a three-day promotion from August 16 to 18, offering a 20% discount on all items [3]