I don’t know if you have noticed that JD.com has made many moves this year, and its moves are very high-profile this year. First, it was announced in early March that JD Finance had achieved VIE demolition work. JD Finance no longer owns JD Finance's legal ownership. JD Finance will become a full domestic company, which will clear policy obstacles for JD Finance to conduct business in China. Otherwise, licenses such as bank licenses, payment licenses, credit licenses, etc. will basically have no chance of JD.com.
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