Group 1 - The Chinese government has allocated 62.5 billion yuan for national subsidies this year, which has been distributed to local commerce departments to support consumer purchases during the Spring Festival [1] - Consumers can access these subsidies through the JD.com app by searching for "national subsidy" and can purchase specified home appliances and electronics with significant discounts [3] - JD.com is fully supporting the implementation of national subsidies across both online and offline channels, ensuring consumers can benefit from these offers during the holiday season [3][4] Group 2 - The maximum subsidy for specific home appliances such as refrigerators, washing machines, televisions, air conditioners, and computers is 1,500 yuan per item, while for mobile phones and smart devices, it is 500 yuan [3] - Consumers can save up to 11,000 yuan cumulatively, and JD.com has committed nearly 30 billion yuan to support rural consumption and economic growth by 2025 [3] - JD.com offers additional services such as old appliance recycling subsidies and integrated delivery services, enhancing the overall consumer experience [3]

春节临近，上海市杨浦区迎来新一波线下消费热潮。 2月10日，京东本地生活服务首次与上海杨浦区政府合作，启动为期一个月的消费券发放活动，覆盖餐 饮团购、到店自提、家政服务等多个领域，旨在激活线下消费活力。 这是京东作为本地生活服务平台首次与政府合作推出消费券，打破了以往仅与支付工具类平台合作的模 式。 此次消费券活动将持续至3月9日，每日10点至20点分6轮发放。消费者通过京东APP首页搜索或"秒 送"频道点击"杨浦消费券""乐享杨浦"，即可领券核销，当日有效，次日可续领。到店自提券还可叠加 平台百亿补贴，进一步提升消费体验。 与以往政府发放的消费券不同，本次活动特别设置了多档小额满减优惠，更贴合日常消费场景。 京东相关负责人介绍，本次共设置5档到店团购消费券（满500减200、满300减110、满100减36、满50减 16、满30减8元）及2档到店自提消费券（满30减3、满25减2元），覆盖杨浦区内所有开通京东到店业务 的商户。 咖浦消费音 乐享杨浦 服务惠民 :200- 最高领200元杨浦消费券 2026年2月10日-3月9日 | 每日10点-20点分6轮发放 每日10、12、14、16、18、20点限量 ...

春节临近，上海市杨浦区迎来新一波线下消费热潮。 2月10日，京东本地生活服务首次与上海杨浦区政府合作，启动为期一个月的消费券发放活动，覆盖餐饮团购、到店自提、家政服务等多个领域，旨在激活 线下消费活力。 这是京东作为本地生活服务平台首次与政府合作推出消费券，打破了以往仅与支付工具类平台合作的模式。 全场景覆盖，线下门店迎来消费增长 此次消费券活动将持续至3月9日，每日10点至20点分6轮发放。消费者通过京东APP首页搜索或"秒送"频道点击"杨浦消费券""乐享杨浦"，即可领券核销，当 日有效，次日可续领。到店自提券还可叠加平台百亿补贴，进一步提升消费体验。 与以往政府发放的消费券不同，本次活动特别设置了多档小额满减优惠，更贴合日常消费场景。 京东相关负责人介绍，本次共设置5档到店团购消费券（满500减200、满300减110、满100减36、满50减16、满30减8元）及2档到店自提消费券（满30减3、 满25减2元），覆盖杨浦区内所有开通京东到店业务的商户。 "之前的消费券大多是大额的，像我们这样的平价餐饮很难用到。"胡子大厨紫金广场店店长赵三娟表示，"这次有小额满减券，更适合我们这类主打工作餐 的餐厅，预计 ...

Core Insights - JD Group has made significant progress in building its global super supply chain and overseas logistics network, launching the JoyExpress delivery brand in multiple European countries to enhance its online retail business Joybuy [1][3] Group 1: Service Expansion - JoyExpress has been officially launched in major cities across the UK, Germany, the Netherlands, and France, offering same-day and next-day delivery services [1] - The service includes diverse offerings such as home delivery, fresh cold chain logistics, large item delivery and installation, as well as return and exchange services for European consumers [1] Group 2: Infrastructure Development - JD Logistics operates over 60 logistics warehouses and delivery stations in Europe for Joybuy, and has developed a large-scale transportation fleet to ensure high-quality integrated supply chain logistics and delivery services [3] - The company plans to further expand its supply chain logistics infrastructure and deploy more advanced logistics technology products to enhance efficiency and reduce costs [3] Group 3: International Strategy - Internationalization remains a key strategic direction for JD Group, which has accelerated its logistics supply chain expansion overseas, currently operating over 130 overseas warehouses with a total management area exceeding 1.3 million square meters [3] - JD has opened several international freight routes, establishing a "2-3 day delivery" time frame in multiple core global markets, facilitating more efficient and smooth global trade [3]

Core Viewpoint - As the Spring Festival approaches, multiple platforms are launching "Spring Festival services" while adjusting delivery fees during the holiday period to ensure service continuity and rider compensation [1][2]. Delivery Fee Adjustments - Sam's Club will charge an additional 3 yuan per order from February 11 to February 24, 2026, to subsidize delivery personnel working during the holiday [3]. - Hema will implement a base delivery fee of 6 yuan for all orders from February 14 to February 21, 2026, with additional charges for overweight items [4]. - Dingdong Maicai will add a 3 yuan service fee per order from February 15 to February 21, 2026, due to increased delivery demand during the holiday [7][10]. - Xiaoxiang Supermarket will also charge an extra 3 yuan per order for deliveries expected between February 15 and February 21, 2026 [11][12]. - Century Lianhua will increase the base delivery fee by 1 yuan, charging 6 yuan per order from February 14 to February 21, 2026, with additional charges for overweight items [13]. Platforms Not Increasing Delivery Fees - Meituan Waimai will not raise delivery fees during the Spring Festival, focusing on rider subsidies through cash incentives and welfare guarantees [17]. - Taobao Shanguo will maintain current fees while investing nearly 2 billion yuan in rider incentives from February 4 to March 3, 2026 [17]. - JD.com announced a commitment of over 1.3 billion yuan for employee welfare during the nine-day Spring Festival period [17].

消费者无论在京东消费，还是在其他渠道消费，只要符合各地规则都可参加活动。在京东自营下单，京 东自动开票，还支持用户一键选择关联的发票，直接参与抽奖。在其他渠道消费，可上京东App搜"有 奖发票"，或者从我的-钱包进入"有奖发票"活动专区，上传符合规则的发票，系统便会快速完成校验和 抽奖。 消费者参加活动，全程无需多平台切换、无需重复填报。中奖奖金以现金形式直接发放到用户的京东钱 包余额，可以消费及提现。 此外，为了让京东用户"参与即有收获"，京东在国家政策基础上带来额外福利：凡在京东参与活动的用 户都将获得京东福利券包，至高128元。 一直以来，京东都向消费者出具正规发票，保障消费者购物及售后过程中的权益，中国电商领域首张电 子发票即在京东诞生。京东此次率先接入"有奖发票"活动，旨在助力国家促消费政策，让消费者以便捷 的方式享受惠民福利，推动商户规范开票、合法经营、依法纳税，形成"消费者得利、商户经营提升、 市场更规范"的良性循环。 极目新闻通讯员 楚棠 2月11日，武汉市正式开启有奖发票活动。武汉市李先生在京东自营下单，自动开票后一键选择关联的 发票，直接参与抽奖，获得10元红包，成为武汉有奖发票活动开启以 ...

Core Viewpoint - The event marks the launch of JD's "Spring Warmth" care project for retired couriers, highlighting the company's commitment to supporting its workforce and recognizing their contributions [1] Group 1 - The "Spring Warmth" care project for new employment forms was initiated on February 10, 2026, in Beijing [1] - The ceremony included the presentation of retirement certificates to several retiring couriers, acknowledging their service [1] - The event was attended by multiple organizations, including the All-China Federation of Trade Unions and the China Express Association, indicating strong institutional support for the initiative [1]

2 日晚间，白银 LOF 在调整了估值方法后， 2 日盘中在京东金融平台上申请了"极速赎回"的用户收到 一条来自京东金融的提示："赎回确认金额小于实时到账金额，需补款 XXX 元，请保持小金库余额充 足，或进行汇款补款。" 此后，在 2 月 3 日下午 14 点左右，许多在京东金融上购买了白银 LOF 的投资者又收到了一条短信提 示： 为保障您的资金安全、避免后续产生追款流程，白银 LOF 极速赎回的到账比例已经从前一天净值 的 80%下调为 60%。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 白银LOF在 2 月 2 日通过调整估值方法录得 31.5% 的跌幅后，京东金融以一种独特的自身卷入了这场漩 涡当中。 由于京东事先为部分"极速赎回"的客户按 1 月 30 日晚的净值垫付了 80% 的赎回金额，白银LOF的夜间 巨震使得京东制造了 2026 年中国基金圈非常魔幻的一幕：基民卖掉基金的钱还没捂热，就收到了一 条"补款提醒"： 对于只在银行、券商、直销等传统代销平台购买基金的"老登基民"而言，京东金融的这一波操作很容易 看得一头雾水。 但把事情的前因后果拆开来放大看，京东金 ...

Core Viewpoint - The article discusses the implications of JD Finance's unique approach to "fast redemption" for mutual funds, particularly in the context of the recent significant drop in the value of the Silver LOF fund, highlighting the balance between efficiency and risk management in the fund sales ecosystem [2][4][11]. Group 1: Incident Overview - On February 2, 2026, the Silver LOF recorded a 31.5% drop after adjusting its valuation method, leading to JD Finance compensating some investors with 80% of their redemption amount based on the previous day's net value [2]. - Investors who applied for "fast redemption" on JD Finance received notifications to make up the difference as the redemption amount was later adjusted down to 60% of the previous day's net value [2][4]. Group 2: Fast Redemption Mechanism - JD Finance introduced a "fast redemption" option allowing investors to access 80% of their funds on the same day, significantly faster than traditional fund redemption processes, which typically take T+1 to T+3 days [5][6]. - This mechanism bypassed the fund company's confirmation of shares, with JD Finance covering the upfront costs to enhance liquidity for investors [7]. Group 3: Market Position and Competition - Despite being one of the earlier players to obtain a fund distribution license, JD Finance has struggled to compete with established platforms like Ant Financial and Tian Tian Fund, ranking 44th in 2021 with a non-cash fund holding of 209 billion yuan [8][10]. - By mid-2025, JD Finance's non-cash fund holdings grew to 1,419 billion yuan, moving up to 19th place in the industry, indicating a significant increase in market share [10]. Group 4: Industry Dynamics and Risks - The article emphasizes the need for a reevaluation of the balance between efficiency and risk management in the fund sales ecosystem, especially as internet platforms become more prominent in this space [4][12]. - The rapid pace of innovation in fund sales, driven by internet platforms, raises concerns about the potential for increased risks, as seen in the recent incident with JD Finance [11][17]. Group 5: Investor Behavior and Market Trends - The shift towards fast redemption and lower investment thresholds has made fund investing more accessible, but it also risks encouraging impulsive investment decisions among less experienced investors [14][16]. - The article questions whether the focus on speed and low fees truly benefits investors in the long run, suggesting that the complexities of fund investing require a more cautious approach [20].

Core Viewpoint - The article discusses the adjustments made by various online platforms regarding delivery fees during the upcoming Chinese New Year holiday, highlighting the balance between maintaining service and compensating delivery personnel. Group 1: Delivery Fee Adjustments - Sam's Club announced an additional charge of 3 yuan per order for online deliveries from February 11 to February 24, 2026, due to tight delivery capacity during the holiday [1] - Hema stated that from February 14 to February 21, 2026, all online orders would incur a basic delivery fee of 6 yuan per order, with additional charges for overweight items [3] - Dingdong Maicai will also charge an extra 3 yuan service fee per order from February 15 to February 21, 2026, due to similar capacity constraints [6] Group 2: Alternative Approaches by Other Platforms - Meituan will not increase delivery fees during the holiday, focusing instead on subsidizing riders through cash incentives and other benefits [7] - Taobao Shanguo plans to invest nearly 2 billion yuan in rider incentives from February 4 to March 3, 2026, while keeping consumer fees unchanged [8] - JD.com announced a commitment of over 1.3 billion yuan for employee welfare during the nine-day holiday period starting February 3, 2026 [9]