Well eric they will get burnt yet again. Increase in landed stores from 19,100 to 23,400 or over 23% since the 30th June, all discount lines on JDcom sold out and only one discount line out of over 90 on Tmall com. Moreover if the 23% increase is reflected in the same sales rate as the existing stores this will mean 23% of 331 million growing by a function of 2 to 4. just for the landed sales. Its a lay down misere their China IF sales will exceed 30% on revenue growth year on year, leaving aside the other components.
Well eric they will get burnt yet again. Increase in landed...
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