Market Chatter: JD.com Inviting Hotels to Use App for Free for Three Years

MT Newswires Live
06-18

JD.com (HKG:9618) is inviting hotels to its lifestyle and travel section to use the platform for free for three years, state-owned Securities Times reported Wednesday.

The "JD Hotel Plus Membership Program" aims to serve hotels' supply chain needs and reduce operating costs, the report said, citing an open letter issued to hotel operators.

JD.com's program aims to bring cheaper prices to consumers and bring benefits to merchants, the report said.

JD.com utilized the zero-commission scheme first when it launched its food delivery service, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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