On April 16, according to media reports, a person in charge of Yiwu Yuncang recently revealed that after being fined for low-price dumping, the price of each order has risen to 1.5 yuan and 1.6 yuan, which is higher than 1.4 yuan in the industry. The average cost price of yuan has lost its price advantage and has been abandoned by some partners.
On April 9, Jitu was fined for dumping at a low price and rushed to the top search list on Weibo. On the same day, Yiwu Post Administration issued a warning letter to Jitu, stating that Jitu Distribution Center and multiple express mail processing sites had potential safety hazards. Yiwu Post Administration had notified Jitu four times and warned that “Do not use far “Dumping at a price lower than cost”, but Jitu has not rectified as required, so it sent a letter requesting it to make rectification.
Jitu Express was previously considered to be a Pinduoduo department. After it was punished, Pingduoduo issued a statement on April 12, clarifying that it has no special cooperation or investment relationship with Jitu Express. At the same time, in the process of developing customers for some of the Super Rabbit Express outlets, the staff distributed to the merchants “Pinduoduo orders can be exempted from false delivery related penalties and the probability of being penalized is low”, “There are Pinduoduo investment, If the two parties have a special cooperative relationship” and other false information, Jitu Express will be punished by increasing the margin for business cooperation.
According to media reports, in March, Jitu Express adopted a strategy of strong subsidies. As a result, the price of Yiwu Express delivery was hit below 1 yuan. Small items with a daily shipment of more than 10,000 pieces can be delivered at 1 yuan, which is the lowest in quality. Can do 8 cents. (Text | Qiao Yu of AI Finance and Economics Agency)
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