JD.com's 2022 Net Revenue Exceeds One Trillion On March 9, JD.com released its Q4 and full-year 2022 results. The financial report showed that in Q4 2022, JD.com's net revenue was 295.4 billion yuan, and full-year net revenue was 1,046.2 billion yuan, a year-on-year increase of 9.9%. Among this, Q4 net service revenue was 57.8 billion yuan, up 40.3% year-on-year, accounting for 19.6% of net revenue. (Cover News) Yili's YouRan Dairy to Build Largest Dairy Cattle Ranch in Luoyang Recently, the Yili YouRan Dairy cattle breeding demonstration park in Caidian Township, Ruyang County, is under accelerated construction. The first batch of 2,000 Holstein cows will "settle" there in May and June this year. The project has a total investment of 282 million yuan and is planned to have a normal annual stock of 4,000 mature dairy cows. (Luoyang County District News) Guangzhou Tianhe City Department Store Beijing Road Branch Announces Closure Recently, a netizen posted a notice on social media about the closure of Guangzhou Tianhe City Department Store Beijing Road Branch. The notice showed that the store would cease operations from 22:00 on March 26, 2023. (Lianshang.com) Budweiser Cuts US Craft Beer Operations Recently, after craft beer Platform Beer in Ohio ceased operations and laid off staff a week ago, other craft breweries under the Budweiser Group also laid off an undisclosed number of sales and marketing employees in the US market. (sightlines) Yashili Privatization All Conditions Met Mengniu and Yashili jointly announced yesterday that, following the completion of the Dumex China sale, the 25% Yashili acquisition was completed on March 9, 2023. As of the announcement date, all plan conditions have been met. (Company announcement) Danone Representative Resigns from Yashili Board Yashili announced yesterday that, due to the completion of the 25% Yashili acquisition, Qin Peng and Gu Peiji have resigned as non-executive directors and members of relevant board committees, effective immediately. After resignation, Qin Peng will no longer be a member of the company's remuneration committee. (Company announcement) Shede Spirits Suspected 'Fat Finger' Trade; Fosun Reduction Rumored Yesterday morning, Shede Spirits' stock price experienced a flash crash. By midday close, the stock price had recovered somewhat, with the decline narrowing to 4.09%. Some shareholders questioned whether the company had encountered a "fat finger" trade. In response to the abnormal stock price movement, Shede Spirits responded that "the company's production and operations are currently normal." (Daily Economic News, Yicai) Wong Lo Kat Launches New Sugar-Free Herbal Tea Recently, Wong Lo Kat's new sugar-free herbal tea, Camellia flavor, was launched, opening the product launch with a floral aroma. The new product has 0 fat and 0 calories, uses erythritol instead of sucrose, and the overall packaging is mainly pink with camellia patterns, full of spring atmosphere. It is currently priced at 310mL 12 cans for 52 yuan. (Retail Circle)