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The Bank of England is likely to hold interest rates steady amid rising oil prices due to Middle East tensions, while Vodafone appoints a new CFO and Whitbread reports earnings. Markets remain cautious.

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JD.com takes its Meituan rivalry to Saudi Arabia with express delivery service
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JD.com is taking its fierce competition with Meituan global—this time to Saudi Arabia. The Chinese e-commerce powerhouse just launched JoyExpress, its own courier service, offering speedy same-day and next-day deliveries across most of the country. This marks JD.com’s latest move to expand its logistics muscle in the Middle East, directly challenging rivals like Meituan on an international stage.
Editor’s Note: This isn’t just about faster deliveries in Saudi Arabia—it’s a strategic chess move in the high-stakes battle between China’s tech giants. JD.com’s push into the Middle East signals how fiercely companies are competing for global e-commerce dominance, especially in emerging markets. For consumers, it could mean better service and more options. For investors, it’s a sign of how aggressively these companies are scaling beyond China’s borders.

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