#PRICEWAR hashtag - Bluesky

Tesco revives blue and white stripes in new value push Tesco's new Everyday Low Prices will be accompanied by the return of the blue and white 'value' stripes

2 months ago

🚨 BREAKING NEWS 🚨

Tesco is bring back the blue and white stripes in what it called a “significant upscaling” of its #pricewar

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Christmas dinner wars 2025: Lidl reveals feast for eight for £11.85 The prices equates to less than £1.50 per person including a Birchwood Whole Turkey

4 months ago

Christmas dinner #pricewar 2025 has kicked off 🎄

Lidl has launched an £11.93 feast for eight - equating to less than £1.50 per person

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Morrisons kicks off pre-Christmas price war by cutting hundreds of prices Morrisons has targeted 'key volume lines' and cupboard essentials, cutting the price of chicken breasts, olive oil and enchilada meal kits, by around 18% on average

6 months ago

Morrisons has kicked off a pre-Christmas #pricewar

The supermarket has announced #pricecuts for more than 650 products in store and online

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Analysis-China’s e-commerce companies are getting singed by a price war By Casey Hall SHANGHAI (Reuters) -The bitter battle among China’s major online companies to win the "instant retail" war is expected to further depress their short- to medium-term profits and contribute to deflationary pressures in the world’s second-largest economy. The likes of Alibaba, Meituan and JD.com have been flooding consumers with discounts and coupons to gain market share in the booming one-hour delivery segment, burning their cash in the process, eating into margins, and raising questions from investors on strategy. They have also drawn increased scrutiny from regulators who are worried about a downward price spiral in China, where weak property prices and poor job stability have contributed to persistent consumer malaise, pressuring companies into aggressive pricing and subsidies in an effort to get people to spend. In recent weeks, as e-commerce and food delivery firms reported earnings for the quarter ended June 30, the theme of competition dominated analyst calls and executive commentary. At JD.com, CEO Sandy Xu warned of unsustainable "excessive competition" while Meituan CEO Wang Xing pointed to a "new phase of competition" and PDD Holdings’ co-CEO Zhao Jiazhen flagged industry competition that "has intensified further" throughout the quarter. The first shots were fired earlier this year when JD.com - alarmed by Meituan’s move to sell a wider range of products - opened an app to compete with Meituan’s core food-delivery business. Alibaba, which operates the Ele.me food-delivery app, followed suit, ramping up investment in the segment. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. All three firms have pledged billions of dollars to win market share. Analysts at Nomura estimate industry-wide cash burn exceeded $4 billion in the second quarter alone. “The landscape is increasingly challenging, resembling a high-stakes ‘game of chicken,’ where the early investments of whichever player yields first could end up wasted. We expect this intense competition to continue at least through the [Singles’ Day] shopping festival in November,” said Kenneth Fong, UBS Investment Bank’s head of internet research in China. S&P Global analysts forecast Meituan, JD.com and Alibaba will spend at least 160 billion yuan ($22.37 billion) over the next 12–18 months to defend or grow market share in food delivery and instant retail. They warned of “significant downward revisions” to profits, saying margins are unlikely to recover over the next 12–24 months. Meituan is expected to be hit the hardest, as food delivery contributes most to its revenue. JD.com’s food-delivery losses nearly wiped out its second-quarter profit, while Alibaba is less exposed, with instant retail forming a smaller part of its business, the analysts said. LONG-TERM GAIN PDD’s domestic platform, Pinduoduo, has largely stayed out of the instant retail fray, but its low-cost advantage is being eroded by rivals’ discounting. "We do not believe this quarter’s profit levels are sustainable and expect fluctuations in profits in future quarters," said co-CEO Zhao. Contributing to the margin squeeze in the current quarter will be difficulties maintaining e-commerce revenues from the quarter to the end of June, which included a boost from China’s mid-year ’618’ shopping festival. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Still, companies are betting the short-term pain will be worth the long-term gain, with Jiang Fan, chief executive at Alibaba’s e-commerce business group, projecting the instant retail segment could add 1 trillion yuan in annualised incremental gross merchandise volume for Alibaba over the next three years. Key metrics to watch in the second half include those showing instant retail users migrating to core e-commerce platforms. JD.com’s quarterly active customers rose more than 40% year-on-year in Q2, while Alibaba’s Taobao app saw monthly active users jump 25% in the first three weeks of August, helped by food-delivery-user conversion. While the companies seem ready to dig in for a long-term battle, there is also a chance these price wars might be halted by external powers. Regulators have repeatedly warned platforms against a "race to the bottom" price competition, leading Meituan, Alibaba and JD.com to release statements in July pledging to curb price wars. "We expect the companies’ stated commitments to the government’s anti-involution measures to gradually rationalise competitive dynamics," said Ying Wang, senior analyst at Moody’s Ratings. ($1 = 7.1529 Chinese yuan renminbi) Get an up-to-the-minute summary from WarrenAI, our powerful AI financial researcher. It's just like ChatGPT for investors, but with access to 1,200+ premium metrics spanning 10 years of data to instantly screen fundamentals, summarize breaking news, and reveal what Wall Street analysts are really saying about PDD. Ask questions in your own language and get insider answers in seconds. Think of it as your experienced investment partner—always ready to help you think through every angle of PDD.

6 months ago

Click Subscribe #Ecommerce #ChinaMarket #PriceWar #Alibaba #JDcom

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BYD’s quarterly profit falls for first time in 3-1/2 years as price wars bite BEIJING (Reuters) -Chinese electric vehicle maker BYD’s quarterly profit fell for the first time in more than three years, as its expansion hit a speed bump amid a government campaign against price wars. Net profit at the world’s biggest EV producer totalled 6.4 billion yuan ($894.74 million) in the second quarter, it reported on Friday, down 29.9% from a year earlier, after rising 100.4% in the first quarter. Revenue increased 14% to 200.9 billion yuan in the three months to June 30. First-half profit was up 13.8% on revenue up 23.3%. The biggest Chinese rival to Tesla has faced challenges in recent months as Chinese authorities have called for a halt to a bruising price war in China that has pressured profit margins across the entire industry. BYD has set a target to sell 5.5 million cars globally this year, but it sold 2.49 million in the first seven months of the year, meeting 45% of its goal. "The outlook for BYD meeting its ambitious full-year targets appears pessimistic," said Rosalie Chen, analyst at Third Bridge. Nomura analysts said on August 12 that they expect BYD to sell 5 million to 5.2 million cars this year. BYD, which generates nearly 80% of its sales in China, saw vehicle sales fall in its home market for the third straight month in July, while its production slid for the first time in 17 months. The automaker has slowed production and delayed capacity expansions at factories in China, Reuters reported in June. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. BYD was among major automakers that pledged in June to make payments to suppliers within 60 days after Chinese authorities ordered carmakers to make payments more promptly and to stop a price war. The pledge has led analysts to scrutinise the working capital of BYD and other automakers more closely. Working capital is the difference between a company’s current assets and current liabilities and shows how much the business has available for day-to-day expenses. BYD’s working capital deficit expanded to 122.7 billion yuan as of June 30, from 95.8 billion yuan at the end of March. It stood at 125.4 billion yuan at the end of 2024. ($1 = 7.1529 Chinese yuan renminbi) Should you invest $1,000 in TSLA right now? Ask WarrenAI, our powerful AI financial research assistant. It's just like ChatGPT for investors, but with access to 10 years of company data, a built-in screener, Wall Street analysts' reports, and earnings call transcripts for real-time, vetted insights. Get answers about TSLA and thousands of other assets within seconds.

7 months ago

Click Subscribe #BYD #ProfitReport #ElectricVehicles #PriceWar #StockMarket

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Sino Auto Insights

@sinoautoinsights.bsky.social

8 months ago

Exporting #pricewar

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China automakers’ price war, overcapacity hurt finances (Reuters) -China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability. China’s top leaders have pledged to step up regulation of aggressive price-cutting and support the orderly phasing out of outdated production capacity, state media reported earlier this month. LSEG data for 33 listed automakers headquartered in China show a broad deterioration in key financial metrics over the past six years, highlighting the impact of a brutal price war that began in 2023. Data showed that the average time carmakers took to pay their suppliers and other short-term creditors widened to 108 days in 2024 from 99 days in 2019. On June 1, new regulation kicked in, requiring large companies to settle payments within 60 days of receiving goods, engineering services or materials. Joerg Wuttke, Washington-based partner at DGA-Albright Stonebridge Group, said that European and German suppliers generally paid suppliers within 40 to 50 days. "That (new regulation) is going to enforce a more level playing field and basically stop these automakers from turning their suppliers into bankers," he said. Among major brands, top electric vehicle seller BYD (SZ:002594) took an average of 127 days to pay suppliers and other short-term creditors in 2024, up from 81 days in 2019, the LSEG data showed. When asked about the data, BYD said its average payment period to suppliers that covered both accounts payable and notes payable dropped to 127 days by 2024 from 139 days in 2019. Geely Automobile’s payment period also rose to 193 days in 2024 from 139 days in 2019, according to LSEG data. Geely declined to comment. Bucking the trend, Great Wall Motor Co shortened its payment cycle to 94 days in 2024 from 115 days in 2019. The company did not respond to a Reuters request for comment. The sector’s combined inventory levels more than doubled to 370 billion yuan ($51.55 billion) in 2024 from 2019, even as dealers complained of many firms dumping cars on them to meet high sales targets. Total debt among carmakers surged 56% to 959 billion yuan last year from 2019’s level. The median debt-to-equity ratio climbed by 21 percentage points to 51.3%. The sector’s median net profit margin fell to just 0.83% in 2024 from 2.7% in 2019. BYD, however, boosted its profit margin to 5.4% from 1.7% in 2019. The company, which makes cars and mobile phone components, attributed the improvement to a change in its business mix as the contribution of automotive-related revenue as a share of total revenue grew from 49.5% to 79.4% over the period. Nio (NYSE:NIO) Inc and Xpeng Inc (NYSE:XPEV), two of China’s best-known EV brands, had among the longest payment periods among the 33 firms. The two companies stretched their payment periods to suppliers and other short-term creditors to 223 days and 237 days, respectively. Both companies continued to remain in the red, although both improved their negative margins sharply over the period. Nio said it would commit to paying suppliers within 60 days. Xpeng said its cash liquidity continued to improve and referred to comments its CEO He Xiaopeng made last Thursday at a media event that the company would also, like other firms, endeavour to meet a commitment to pay suppliers within 60 days as soon as possible. With 0175 making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed 0175 alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including 0175, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is 0175 poised for similar growth? Don't miss the opportunity to find out.

8 months ago

Click Subscribe #ChinaAutomakers #PriceWar #Overcapacity #AutoIndustry #FinancialStruggles

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Sino Auto Insights

@sinoautoinsights.bsky.social

9 months ago

two men standing next to each other with the words mmb says hold my beer ALT: two men standing next to each other with the words mmb says hold my beer

#Xiaomi response to the #pricewar

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Tesco boss Ken Murphy admits rivals have ‘upped their game’ in supermarket price war Tesco's sales hit £12.3bn in the quarter as its market share climbed to 28% in the latest Kantar results.

9 months ago

Tesco boss admits rivals are stepping up as #pricewar heats up 🛒🔥

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The Candor Post

@thecandorpost.bsky.social

9 months ago

Prices are falling in China, and people now buy used luxury items like $30 Coach bags as stores fight to survive. #ChinaEconomy #Deflation #LuxuryMarket #PriceWar

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Thomas MORE

@thomamore.bsky.social

10 months ago

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BYD's shares fell 8.6% due to discounts on EV models, raising concerns of a price war amid weakening demand and economic challenges in China. Despite the drop, BYD's sales remain strong, with a 21% year-over-year increase in April. #BYD #ElectricVehicles #PriceWar

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B.C. Begley

@bcbegley.bsky.social

10 months ago

China’s BYD sees shares plunge 8% as EV maker cuts prices YouTube video by B.C. Begley

China’s BYD sees shares plunge 8% as EV maker cuts prices
#BYD #ElectricVehicles #PriceWar
www.youtube.com/watch?v=hNCL...

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