Consumer Staples Aug 21, 2020 01:40 PM (GMT+8) · EqualOcean
Alibaba's Juhuasuan will launch the 'Jufeng' plan with 'tens of billions of subsidies. The specific plan includes three parts: platform traffic subsidies, merchant traffic subsidies, and explosive flow subsidies. In addition, the plan also provides merchants with a 30% discount on commissions. Juhuasuan said that the value of subsidies invested in merchants is no less than CNY 10 billion.
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