Lower-tier cities, accounting for over 68% of the total population in China, are the third tier and below urban and rural areas in China, which have the characteristics of huge consumption potential, good network infrastructure, and policy support. As the growth of the first and second tiers is slowing down,
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Beijing Jingdong Century Trading Co., Ltd. (JD.com) ranked first with 651.9 billion yuan of online retail sales in 2020, followed by Suning Yigou Group Co.,
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