Liu Qiangdong: Will soon announce a brand new hotel development plan, will not drag the industry into a price war.

On September 16th, JD.com and Guizhou Maotai held a JD wine tasting event. Liu Qiangdong revealed that JD.com is developing the wine and travel business, and will not engage in price wars with the hotel industry, allowing hotel industry practitioners to further reduce prices, "and then being 'rolled' by three major platforms, leading to a decline in service quality, squeezing profit margins, and disrupting the entire ecosystem." Liu Qiangdong revealed that JD.com is about to launch a new hotel development plan, and there will also be innovation in the business model of takeaway services.