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JD.com seen making gains against Alibaba but at high cost

Wednesday, March 16, 2016 - 05:50

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JD.COM Inc has been slowly nibbling away at Alibaba Group Holding Inc's dominant share of China's burgeoning online shopping market. And the costs are adding up.

New York

JD.COM Inc has been slowly nibbling away at Alibaba Group Holding Inc's dominant share of China's burgeoning online shopping market. And the costs are adding up.

Analysts in the past four weeks have lowered their average profit

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