On February 2nd, Liu Qiangdong publicly announced a "rest and recuperation" strategy, proactively ending the price war with Sunning, Gome, and Yixun Network.
The public thought he had turned over a new leaf, but Zhang Jindong knew the truth. Handsome Dong was just going to the Lighthouse Country to study for three months for an MBA course and simply didn't have the bandwidth to spare.
Zhang Jindong was tempted to launch a sneak attack, but he was reluctant to spend the money.
After all, Sunning's subsidy campaigns were always a reaction, launched only when Jingdong had pushed them into a corner.
Half an hour later, Yiguan Data Network released its January group-buying market report. Kuai Pao, with a monthly transaction volume of 1.49 billion, once again claimed the top spot.
Lashou Network was second with 1.02 billion.
Dianping ranked third with 730 million.
Unsurprisingly, Meituan was in fourth place again, with a mere 470 million in transaction volume.
