JD.com Faces Profit Pressures as Competition with Meituan Intensifies

In a volatile business landscape, JD.com, one of China's premier e-commerce giants, is anticipated to experience significant profit pressures amid escalating competition with rival firm Meituan. Analysts have closely scrutinized JD.com's financial outlook as it gears up for what many perceive to be a pivotal confrontation in the online retail sector.

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Affirm's CEO Project Optimism on Credit Quality as Holiday Season Approaches

As the holiday shopping season draws nearer, Affirm's Chief Executive Officer Max Levchin has expressed a confident outlook regarding the quality of consumer credit. In a recent conversation, Levchin emphasized that customer payment behaviors have shown promising trends, positioning the company favorably in the competitive landscape of buy now, pay later (BNPL) services.

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